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Huge Buy Signal: Whole Foods Market, Inc.
- inthemoneystocks
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10 years 4 months ago #13920
by inthemoneystocks
Huge Buy Signal: Whole Foods Market, Inc. was created by inthemoneystocks
Whole Foods Market, Inc. (NASDAQ:WFM) opened above two major trendlines today, confirming a breakout. The stock has been under heavy pressure after the FDA found some violations at one of their food processing plants.
The stock has seen a drastic decline but now appears to be turning the corner. Note the two down-sloping trendlines on the chart below and how price opened above them for the first time in recent history. This could spell a sharp move higher in the coming days. Potential upside on the stock in the next week is to $32.50.
Gareth Soloway
InTheMoneyStocks
The stock has seen a drastic decline but now appears to be turning the corner. Note the two down-sloping trendlines on the chart below and how price opened above them for the first time in recent history. This could spell a sharp move higher in the coming days. Potential upside on the stock in the next week is to $32.50.
Gareth Soloway
InTheMoneyStocks
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