I have no idea, lol. All I know is there seemed to be a very large seller there on the morning of the 16th, just prior to WMT rallying $4.00. I thought that was very strange, so all I've been doing since is targeting $126, although it has potential to go much lower of course. On the weekly, it broke to new highs yesterday, so we'll see what happens going forward. It could simply pull back this week and then rally to another weekly high next week. Who knows? Right now I'm focused on $126.
at 10am today who would have guessed $130. wait see you may get your $126 at some point- do you have an order in at that price?
I like both daytrading and swing-trading. It's not a change of strategy. I'm still targeting $126. I'm just daytrading in and out around it.