Walmart may rise to 73.70 - 74.80

67.9 is our pivot point.

Our preference

The upside prevails as long as 67.9 is support.

Alternative scenario

The downside breakout of 67.9 would call for 66.1 and 65.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 68.2395 and 65.2926).

Supports and resistances

75.9 **

74.8 *

73.7 **

72.6

69.8 (USD-last)

68.6

67.9 **

66.1 *

65 **

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