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Actionable news in WFM: Whole Foods Market, Inc.,

Whole Foods Market Stock Is About to Move Sharply Higher — Here's Why


Whole Foods Market (WFM - Get Report) is offering investors an delicious opportunity to profit, detailed technical analysis shows. The stock is very oversold and poised to rally higher, so it's time to load up on shares.

The stock's decline from the October 2013 high near $64 is an enormous, yet corrective, one. We have labeled it in the monthly bar chart below as (A) down, (B) up and (C) down. For perfection, (C) could trickle down a few more points until the $27 +/-$2 range is further probed. But that's not required. Why not? There are just too many indicators that are included in the decision support engine's hunter/seeker algorithms that are at extreme oversold levels. Under these conditions, investors and traders should consider only buying actions right now.

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