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JimVanMeerten (56.68)

Walmart's price is getting lower



June 04, 2011 – Comments (0) | RELATED TICKERS: WMT

Barchart technical indicators:

1 - 60% Barchart short term sell signal

2 - Trend Spotter sell signal

3 - Below its 20, 50 and 100 day moving averages

4 - 6.06% off its recent high

5 - Relative Strength Index is 39.96% and falling

6 - Trades around 53.66 which is below its 50 day moving average of 53.84As the price goes down it makes it more attractive to buy

The price is going down at the present time.  If you own it selling a put may be in order.  If you don't own it put it on your watch list and buy in when the price crosses the 20 day moving average.

Jim Van Meerten is a Marketocracy Master

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