‘Customers’, are (likely) ‘Disappearing’

‘Ten Million, In’ … ‘Ten Million, Out’

The ‘in’ part, happened quickly; the ‘out’ part, also happening, but may take (a lot) longer.

Either way, one gets the sense the dynamic for WMT, has changed.

Public sentiment has shifted with examples like this, and this.

Looking at price action, it’s like a slow-motion train-wreck.

Wal-Mart WMT, Weekly

At this point (this week), the Wyckoff ‘Up-Thrust’ is being tested; so far, price action is retreating from resistance.

From a risk standpoint, the parameters are well defined.

For a short position, the stop would be this week’s high at WMT, 99.11 (not advice, not a recommendation).

Stay Tuned

Charts by StockCharts

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