run continues for wmt, page-2

Hi Bull01,

I agree with your analysis though I have 4c neat as the key level confirmed by the low on the 1/3/02. This low and the 9.1c high exactly denominated the eventual absolute low of 1c which occured on a fib retrace 161.8% to the point 1 of a cent..

Never mind. The key thing is intradays in my mind and todays trading punched its way decisiively through 4c. To my mind this is a bullish (pardon the pun) indicator for future trading regradless of the close being short of the support.