17th day of $QQQ short term down-trend; $WMT cup and handle break-out?

GMI0/6
GMI-20/8
T210812%

In the midst of the carnage, the weekly chart shows that WMT looks like it is trying to break out of a cup and handle base. Note, however, that it is below its last green line top, which could produce resistance.

 

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.