All in All, It's Just Another Brick in the Wal-Mart

Those of you who have followed my work for years know that I turned wildly bullish on WMT In October 2011, back when everyone assumed AMZN had rendered WMT completely obsolete, among other competitors. 

Technically. Wal-Mart was basing very tightly on the monthly timeframe, updated below, and appeared ripe to surprise the majority with an upside breakout. 

However, I turned cautious on WMT last year, spilling over into this year. The stock has some pulled back, though the 2011 breakout was far from in vain. 

At the moment, I want to see if buyers present themselves at the $60 level to salvage the pullback.