Consecutive Sessions, Lower

For WMT, the past ten trading sessions, have all closed lower.

Performing a quick (visual) look on WMT daily data, there has been no other occurrence of ten consecutive lower closes, going back to 7/1/19 (not advice, not a recommendation).

Today’s close for WMT was 94.25; after-hours (as of 8:12 p.m., EST) has WMT, continuing down slightly, at 94.03.

Wal-Mart WMT, Weekly

As noted, there was an attempted breakout that has failed.

The blue line is now a significant resistance level.

Currently short (WMT-25-01), with a tight stop at today’s high, 94.82 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

Note:  Posts on this site are for education purposes only.  They provide one firm’s insight on the markets.  Not investment advice.  See additional disclaimer here.

The Danger Point®, trade mark: No. 6,505,279

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