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techcharter

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Alias Born 06/03/2004

techcharter

Re: None

Thursday, 12/16/2004 7:10:03 PM

Thursday, December 16, 2004 7:10:03 PM

Post# of 51804
WMT

WalMart is at a point in its consolidation where the next move could be a wave 3 down. The bollinger bands are starting to pinch. The MACD turned away from a buy signal. The Stochastics are on the oversold side though. The next downside move WMT makes will be at least $9.60 ($6 *1.618) to the downside.

http://stockcharts.com/def/servlet/SC.web?c=wmt,uu[w,a]dacayyay[dc][pb50!d20,2][vc60][iLp14,3,3!La12...
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