$WMT - Ascending triangle breakout watchWalmart is in ascending triangle and heading towards upper trend line. If the price break above $152, we could get to $175.
Target 1 - $152
Target 2 - $175
Risk - Failure to break above $152 and retrace to $139.
Near term resistance is $146.
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.