Stock of the Day – Wal-Mart Stores Inc (WMT)
Price - $54.24
Strategy – Short
RSI – 64.94
MACD – 0.90
Wal-Mart Stores Inc is exhibiting bearish patterns at current level. The stock is looking top heavy and also trading at lower volumes. One can expect the stock to dip near 5% from current levels and find support near $51-$52 levels.
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by Larry Swing
larry@mrswing.com
May the swing be with you...