User 129099

Four Reasons Wal-Mart Is at a 2-Year High

The chart in this article is a 6 month one. The 2 year chart shows the current stock price is at the top of a 2 years trading range. So, I guess this is the time to sell WMT if it can't break out the resistance of this trading range. It was $51.58 on 10/27/2006. WMT made two attempts to break out the resistance in the past 2 weeks. But, it only reached $51.48 twice. I sold my holding yesterday at $51.32 and will buy back if it does break out.