This chart shows a potential bullish breakout forming on Walmart (WMT). The price is consolidating within a triangle pattern, showing an ABCDE wave structure that could resolve upward.
📊 Trade Plan:
Entry: $96.40
Stop-Loss: $93.89
Targets:
Target 1: $98.73
Target 2: $100.17
Risk-to-Reward Ratio: Well-structured trade with a clean support line at $93.89.
The price must hold above this level for the bullish thesis to remain valid.
Indicators:
Elliott Wave: Clear ABCDE triangle pattern.
Structure: A breakout above $96.40 could signal continuation.
📊 Trade Plan:
Entry: $96.40
Stop-Loss: $93.89
Targets:
Target 1: $98.73
Target 2: $100.17
Risk-to-Reward Ratio: Well-structured trade with a clean support line at $93.89.
The price must hold above this level for the bullish thesis to remain valid.
Indicators:
Elliott Wave: Clear ABCDE triangle pattern.
Structure: A breakout above $96.40 could signal continuation.
@ TheStockWhale on Twitter / X
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
@ TheStockWhale on Twitter / X
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.