Walmart may rise to 72.90 - 74.50

65.2 is our pivot point.

Our preference

As long as 65.2 is support look for 72.9.

Alternative scenario

Below 65.2, expect 62.5 and 61.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 67.158 and 63.7902).

Supports and resistances

76.1 **

74.5 *

72.9 **

71.3

67.71 (USD-last)

66.2

65.2 **

62.5 *

61 **

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