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S&P 500
5,949.17
(
-0.60%
)
US TECH 100
20,288.00
(
-0.99%
)
Dow Jones
43,750.86
(
-0.47%
)
Brent Oil
72.21
(
0.00%
)
Bitcoin
88,098.92
(
0.86%
)
Post# of 51875
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techcharter

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techcharter

Re: None

Monday, 12/05/2005 6:24:06 PM

Monday, December 05, 2005 6:24:06 PM

Post# of 51875
WMT trend reversal.

WMT's rally from $42.31 to 50.87 looks like a Wave 2. The price went from the upper bollinger band very quickly, and the bands are now opening. The larger trend is now down. The stochastics are oversold, so the next couple days should be some consolidation before the move continues lower.

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