Long
WFM - Breaking Out of Ascending Triangle
WFM is down 40% from its 52wk high set in October 2013. With today's latest move up, shares are breaking out of an ascending triangle. Movement in the RSI also suggests a breakout, rising above the key resistance level of 47 for the first time since mid-March. Targeting $42.
8.27.14 - 10:14am EST - $38.97 last
8.27.14 - 10:14am EST - $38.97 last
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.