Walmart Inc.

Walmart and Elliott Wave Principles

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Our Green Wave 2 was a Flat and we could expect a Zigzag for the 4th Wave(Green). Zigzags have 3 waves just as Flats but they do not allow their B Waves to go beyond the previous impulse-- in our case Wave 3(Green). A retest and confirmation at the 161.8% Fib would trigger a Wave C(Red) and on its completion, would be named B(Black). A retest around the Fib 261.8% would trigger a Wave 4(Green) or C(Black).

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