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Thread: WMT = Bargain

  1. #31
    Runner Guest

    Default

    wmt's weekly looking interesting

  2. #32
    Join Date
    Sep 2003
    Posts
    4,776

    Wink

    Quote Originally Posted by jiesen
    What does this chart say to you?

    Looks like some downward manipulation about to stop working. WMT is approaching a very tempting price. Possible target: 42?

    What do you think?
    So I guess the $42 price tag for WMT in Sept turned out to be quite the bargain after all, eh?

    http://finance.yahoo.com/q/bc?s=WMT&...=on&z=m&q=l&c=

  3. #33
    Join Date
    Apr 2004
    Location
    Monroe, WI
    Posts
    6,091

    Default

    Quote Originally Posted by jiesen
    So I guess the $42 price tag for WMT in Sept turned out to be quite the bargain after all, eh?

    http://finance.yahoo.com/q/bc?s=WMT&...=on&z=m&q=l&c=
    I am looking at the chart and I see two formations on the weekly:
    1. a symmetrical triangle (large formation) which, if WMT busts the $48 mark with power suggests a huge upmove for her.
    2. A smaller descending triangle that, if the lower line fails, suggests a smaller drop.


  4. #34
    Runner Guest

    Default

    I was wrong on my WMT call as it could not brake the down trend line..

  5. #35
    Runner Guest

    Default

    Won't be the last time I'm wrong.. Hey who is not wrong in all this madness?/

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