Walmart Inc.Short
WALMARK going to retest the high or has it reached resistance?
Updated
SHORT - WMT
SL: 123.41 (Suggested by our algorithmic system)
TP: 118.08 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price reaching resistance zone
2. Accum/Dist indicator suggesting the stock is going into a distribution phase
Trade idea from our mobile app: <Not Available> (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system
SL: 123.41 (Suggested by our algorithmic system)
TP: 118.08 (Suggested by our algorithmic system)
Reasons behind this idea:
1. Price reaching resistance zone
2. Accum/Dist indicator suggesting the stock is going into a distribution phase
Trade idea from our mobile app: <Not Available> (Timestamp is in Australian Sydney Time UTC+7)
Please trade responsibly and good luck!
---------- Chart Drawings ----------
Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system
Trade closed: target reached
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