Walmart Inc.Long
WMT - Likely Breakout to new ATH
WMT has seen some serious bullish price action sparked by their recent announcement o a subscription service that puts them in somewhat direct competition with AMZN. This appears to have started a whole new wave of impulsive price action. It faced rejection today after reaching the previous all-time-high and barely breaking past it.
Price Point of Invalidation: $128-127 zone
Price target: $137.50
Price Point of Invalidation: $128-127 zone
Price target: $137.50
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.