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WMT Clinging To Its Upper Channel Line

Tags: upper
WMT had an amazing spike here recently that took it up to its Upper brown channel line and is now all but refusing to let go of it.



click on image to enlarge



If the upper red channel line was a little steeper and closer, it might try to consolidate sideways over to it but that seems like too much to ask for.


Trade well my friends

Alan




This post first appeared on The Stock Market Viewpoint, please read the originial post: here

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WMT Clinging To Its Upper Channel Line

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