WMT
Today's Date: 11/18/20 3:30pm
TLDR: Wait to 0.618 fib/$135.25, hold to 0.786 fib/145.50$.
Channel doesn't seem to be holding as WMT can't break above 150$. 0.786 fib has been recent resistance and 0.618 fib a repetitive support. Play the fibs over the channel. This one will take patience, may not be a play until December as WMT doesn't move too fast.
Today's Date: 11/18/20 3:30pm
TLDR: Wait to 0.618 fib/$135.25, hold to 0.786 fib/145.50$.
Channel doesn't seem to be holding as WMT can't break above 150$. 0.786 fib has been recent resistance and 0.618 fib a repetitive support. Play the fibs over the channel. This one will take patience, may not be a play until December as WMT doesn't move too fast.
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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.