MarketMotion

WMT - REMAINS A BUY

Long
NYSE:WMT   Walmart Inc.
Looking for WMT to continue to push higher into this wave 5.

Resistance: 148.60 and 157.20

PT for this leg up for me is 176-177.

Volume remains bullish as Friday selling failed to close below Thursday low and was less than the relative volume from the buyers on Thursday. Also, we got a nice wick up candle from Friday low that signals the bears are still relatively weak in comparison to the bulls.

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.