Thursday, July 24, 2014

Opened: Short WMT

Went short WMT witha tight stop at today's high.
76.29, stop at 77.80  .3 R

Possibly setting up for a H&S. Today slightly broke out of the range to the downside. Tomorrow will be decisive.   76 could provide some support but it it does not hold a decent 2 to 3 point move to the downside could start.

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