Walmart Inc (WMT) – Expecting Breakout From Trading Range
Walmart is showing signs of Re-accumulation with a spring supported by bullish volume, expecting transiting to Mark Up phase. A break out above $99.79 would confirm the transition.
Entry Zone: $98.50–$99.80
Stop: $91.95
Target 1: $107.63
Target 2: $115.47
Supporting signals:
Stoch positive reversal
FFI turning positive
Relative strength vs S&P500 ticking up
Volume surge on breakout
Disclaimers Apply