WALMARK going to retest the high or has it reached resistance?

SHORT - WMT

SL: 123.41 (Suggested by our algorithmic system)
TP: 118.08 (Suggested by our algorithmic system)

Reasons behind this idea:

1. Price reaching resistance zone

2. Accum/Dist indicator suggesting the stock is going into a distribution phase

Trade idea from our mobile app: <Not Available> (Timestamp is in Australian Sydney Time UTC+7)

Please trade responsibly and good luck!

---------- Chart Drawings ----------

Blue Dotted Line: Broken Support Trendline
Red Dotted Line: Broken Resistance Trendline
Blue Solid Line: Support Trendline
Red Solid Line: Resistance Trendline
Blue Rectangle Box: Support Level
Red Rectangle Box: Resistance Level
Blue Arrow Line: Bullish Divergence
Red Arrow Line: Bearish Divergence
Red Shade Box: Suggested Stoploss by our algorithmic system
Green Shade Box: Suggested Stoploss by our algorithmic system

Trade fechado: objetivo atingido