Walmart Inc., Elliott Wave Technical AnalysisWalmart Inc., (WMT): 4h Chart, 2 November 23WMT Stock Market Analysis: We have been looking for a flat in wave (ii) and we have resumed higher ever since we anticipated a bottom in place. At this point it looks like we could be forming a leading diagonal into wave i or else we could be making a series on wave ones and two. WMT Elliott Wave Count: Wave i of (iii).WMT Technical Indicators: Above all averages.WMT Trading Strategy: Looking for longs after the pullback in wave ii. 
Walmart Inc., WMT: 1-hour Chart, 2 November 23Walmart Inc., Elliott Wave Technical Analysis
WMT Stock Market Analysis: Invalidation level for the leading diagonal stands at 166.9$ which is equality of 5 vs. 3. Downside invalidation stands at 151$. If the diagonal scenario plays out we could expect wave ii to end near the wave 2 of the diagonal at around 158$.WMT Elliott Wave count: Wave 5 of i.WMT Technical Indicators: Above all averages.WMT Trading Strategy: Looking for longs after the pullback in wave ii. .thumb.png.9a1fd152b7a2e0606876bb945c4997b9.png)
More By This Author:Day Chart Elliott Wave Technical Analysis: AUDUSD – Thursday, November 2
Elliott Wave Technical Analysis: LINKUSD – Thursday, November 2
Elliott Wave Analysis: S&P 500, NASDAQ 100, RUSSELL 2000 Predictions And Trading Strategies
