Stock Market Viewpoint

Stock Market Viewpoint
Reading the Tea Leaves...

Sunday, December 31, 2017

WMT Clinging To Its Upper Channel Line

WMT had an amazing spike here recently that took it up to its upper brown channel line and is now all but refusing to let go of it.



click on image to enlarge



If the upper red channel line was a little steeper and closer, it might try to consolidate sideways over to it but that seems like too much to ask for.


Trade well my friends

Alan


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