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Whole Foods Market, Inc. Message Board

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  • kmsmith08 kmsmith08 Nov 9, 2012 8:41 AM Flag

    Technical observation

    I was hoping for one more pop to $93'ish today when pre-market was actually up (last night), so I could reload put options. Looking like en route to mid-high $80's today. Bottom is unknown at this point. Might end up moving like AAPL, i.e. a moderate descent into the low-mid $70's??? Like AAPL, WFM has many overzealous and hypersensitive devotees who will drive this stock back to the $90's for at least one last hurrah. At this point, looks like the buy point is probably somewhere below $80. Sell above $92.

    Sentiment: Sell

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