Strong correction for WMT!!

May 23, 2022

After the earnings report WMT fell over 10% and that is every bears dream especially as we may be entering a bear market things are looking bleak. However there is a difference in a healthy bear market where money is lost gradually and isn't lost 10% overnight. so as the overall long term position on Walmart right now may be bearish the short term for this next wee may be a correction up to the 125$ region on Monday and we can see whether the bulls can break that and jump it up to around 130-135$ area.