Shaun
 
Reply Tue 28 Mar, 2006 03:53 pm
what caused the flucuation of prices of walmart stocks btwn times of 12/2/05-3/10/05 in
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Type: Discussion • Score: 1 • Views: 714 • Replies: 4
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timberlandko
 
  1  
Reply Tue 28 Mar, 2006 08:16 pm
I have no idea what you're asking - perhaps if you were to phrase your question more clearly and with greater detail I, or some one else, might be able to help you.
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gustavratzenhofer
 
  1  
Reply Tue 28 Mar, 2006 08:17 pm
variables
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xingu
 
  1  
Reply Tue 28 Mar, 2006 08:38 pm
It is nothing more then the same general downtrend of the stock since March 1 2004 when it hit a high of 60.34. It descended and hit another, lower peak in mid-November 2004 at 56.97. The decent continued and a double peak and resistance line was established in 2005 at 50.19 and 50.53. The decent your referring to started in Nov. when it bounced off its 50.53 resistance line. It descended to a new support line at 44 and stayed there from Jan thru March 2006. It's now rising up to either the 50 resistance or to a lower resistance line. Can't tell you if it will break though the 50 line or not. Have to wait and see. If it breaks the 50 line with strong volume you may be seeing the start of a good uptrend.

So far there is nothing to indicate that the long term downtrend is coming to an end. Personally I wouldn't mess with this stock unless you want to play with it for short term gains.
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talk72000
 
  1  
Reply Wed 29 Mar, 2006 02:04 am
I believe the younger brother died in an ultra-light crash. The cost of fuel, law suits by unions, etc.
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