Nice bull flag formation on TSX:PLC . Look for longs on a break out or a break out + retest. Stop loss would be under $26 (support is just above that) and the minimum price target for a long would be around $30 where the previous swing high was. The ADX indicator is still red, if it can turn green before a break out, that would be even stronger.
A trend continuation may be coming soon as Walmart looks to be bottoming out. A few more days of this rounding out formation and it should be good for a long. Also note the low volume pull back (not a lot of selling pressure). I am not long WMT yet, just observing. Looking for an entry in mid $135 range. Support at $135 so stop loss would be around 134 to give it...