Walmart (WMT) - Potential Breakout Setup This chart shows a potential bullish breakout forming on Walmart (WMT). The price is consolidating within a triangle pattern, showing an ABCDE wave structure that could resolve upward.
📊 Trade Plan:
Entry: $96.40
Stop-Loss: $93.89
Targets:
Target 1: $98.73
Target 2: $100.17
Risk-to-Reward Ratio: Well-structured trade with a clean support line at $93.89.
The price must hold above this level for the bullish thesis to remain valid.
Indicators:
Elliott Wave: Clear ABCDE triangle pattern.
Structure: A breakout above $96.40 could signal continuation.
