Walmart may rise to 84.20 - 85.40

Our pivot point stands at 78.3.

Our preference

As long as 78.3 is support look for 84.2.

Alternative scenario

Below 78.3, expect 76.3 and 75.1.

Comment

The RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 79.608 and 75.1134).

Supports and resistances

86.6 **

85.4 *

84.2 **

83

80.43 (USD-last)

79.1

78.3 **

76.3 *

75.1 **

Number of asterisks represents the strength of support and resistance levels.