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Short

WALMART (WMT): Expecting Bearish Impulse

865
snapshot

Walmart has recently reached a resistance line of a rising channel on a daily.

on 4H the market has formed a head and shoulders and broken below the neckline.

I believe that now we can expect bearish continuation.

initial target level is 110.0
second target is 104.0
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Chart Patternsfundamental-analysisfuturesTechnical IndicatorsoptionsStocksstocktradingTrend AnalysiswalmartWMT
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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.