WFM Approaches Key Resistance....

All of the action in Whole Foods Market, Inc. (WFM) since late May has the right look of the conclusion of a major corrective period and an accumulation pattern ahead of a potential breakout into a potent recovery rally.

As we speak, WFM is pushing up against 6-week resistance at 41.70/80, which if hurdled, should trigger upside follow-through to my next target zone projected into the 43.80-44.20 area.


  Matched
x
  • In our live, interactive Trading Room, we identify trading opportunities in ...
  • Equity Index Futures
  • Index & Sector ETFs
  • Individual Stocks
  • Precious Metals
  • Energy
  • Forex
  • Treasuries
  • International Markets
  • And Much More
Join MPTrader Now!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!