Whole Foods Market ($WFM) has really gotten hammered in 2014 due to investors worrying about their lack of growth. They have missed expectations on their last two quarterly earnings, but the chart looks to have found a short term bottom. All of the bad news seems to be baked into this stock, and it has been acting a lot better recently. I like Whole Foods on a break of $39.50; stop placed at near term support of $36.
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Disclaimer : This is not an investment advisory, and should not be used to make investment decisions. Information in NC Investor Blog is often opinionated and should be considered for informational purposes only. No stock exchange anywhere has approved or disapproved of the information contained herein. There is no express or implied solicitation to buy or sell securities. The charts provided here are not meant for investment purposes and only serve as technical examples. Don't consider buying or selling any stock without conducting your own due diligence.
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