WMT appears to be inside a triangle that is inside a rectangle. So there will be resistance at the top trendline of triangle and from the rectangle as well as support below.
Both of these are neutral patterns until a trendline is broken with a trend in that direction.
No recommendation. Three bottoms are close in price at bottom trendline of rectangle. There are also 3 tops that are close in price.
spinning top today and a Doji yesterday. Both are candles of indecision.
There have been 4 touches and a partial touch. Many times I have seen the 5th touch or swing in a triangle to be the charm but WMT remain inside for now.
Both of these are neutral patterns until a trendline is broken with a trend in that direction.
No recommendation. Three bottoms are close in price at bottom trendline of rectangle. There are also 3 tops that are close in price.
spinning top today and a Doji yesterday. Both are candles of indecision.
There have been 4 touches and a partial touch. Many times I have seen the 5th touch or swing in a triangle to be the charm but WMT remain inside for now.
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Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.