I’m back with this week’s Chart of the Week! As a reminder, this is just for readers who’ve subscribed to receive my text alerts.
Normally, I send you this chart on Wednesdays, but being that this week’s ticker already hit the entry criteria, I’m sending it to you a little early.
This Week’s Chart
WMT has a really nice Market Road Map type setup.
I was waiting for a daily close above 161 to confirm the entry and we’ve hit that.
Stop initially would be below the last swing low around $150 and move up to profit as WMT approaches the prior high around the $165 area.
The conservative target is $169 for now.
You can check out this TradingView chart for reference: https://www.tradingview.com/x/SWdcQFJp/
Hope you enjoy,
— Jeffry Turnmire
PS> Market Roadmap is my TradingView indicator that helps me spot many of the trades I post. If you’d like to grab it for yourself — and get access to my private Discord channels, too — just click here to pick it up for $5!