WMT Inches Closer to a Significant Technical Breakout

WMT-- Our MPTrader Model Portfolio is long WMT at 84.95 from 6/04/18, looking for upside acceleration from a 6 month base-accumulation period. Today's strength has pierced at 87.40/60, which if preserved on a closing basis, increases the likelihood of upside follow-through that confronts higher, more significant resistance lodged between 89.50 and 90.70. Last is 87.70/71

7 13 18 WMT Day 140 P GIF
7 13 18 WMT Day 140 P GIF

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!