Walmart Slow & Strong MovementThis year till date walmart is up in the 50% this movement is slow but the strong and simple trend, But Don"t worry this is not the first or not the last...
WLong
Walmart
WALMART: Bearish: Overbought alert: Impact on Dow JonesWALMART: Bearish: Overbought alert: Impact on Dow Jones
Be careful with Walmart as you can see cocoa and st microelectronic also rose to very very high historical levels and look at the correction that we had immediately after at least 40% drop
This action can have a significant impact on the Dow Jones
A strong correction could lower the DJIA index
I alert you on this I alert you especially on the notion of "stock market cycle" and "seasonality"
Walmart is overbought you just have to look at your technical indicators RSI, ROC, Stochastic, exponential moving average, Ichimoku, Fibonacci retracement.
We could go much much lower so be careful this action is overbought
Monitor your above-mentioned indicators.
Short
Best Buy Swing IdeaPrice has tapped into weekly and daily demand zone
Price is at 50 Ema
There is shift in 4HR structure from bearish to bullish
note: this is not financial advise and not to be treated as financial advise,.solely your decision and responsibility. Just my public journal.
Long
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