Walmart Inc.Long
WMT UPDATE - False Breakdown Below 200SMA
With the market falling apart, WMT was dragged down last week to break down below its 200SMA.
With Monday's snap back, the stock may finally be ready to go higher.
Closing above 88 and then above critical resistance at 90... would be a strong confirmation of an intermediate term bottom for this stock.
With Monday's snap back, the stock may finally be ready to go higher.
Closing above 88 and then above critical resistance at 90... would be a strong confirmation of an intermediate term bottom for this stock.
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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.