| | | WMT - YES!! It IS over....For 3 reasons...
- the rising channel I had highlighted last month suggesting a 163 final high was far murkier than I realized, and not to be relied upon.
- applying a fork (see chart 1) off the key 2015 low reveals an upper tine strike, which on a non bubble stock IS a reliable topping indicator.
- A symmetrical triangle (chart 2) formed with an upside breakout/bull trap targeting 155.20 for topping/reversal. 153.66 was close enough for government work.
So yes... I'm saddened to confirm that Walmart HAS seen its final highs. Saddened because it speaks to what you and I see approaching our formerly great country... economic depression, depopulation through vaccination, anarchy, chaos, rioting, looting, starvation and war, probably civil and external, maybe even simultaneously. Another huge iceberg has just metaphorically ripped gaping holes in the hull of our treasured oceanliner, and a torrent of water is rushing in to the bulkheads.
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