Stocks

Walmart may rise to 73.70 - 74.70

2024-07-26

68.6 is our pivot point.

Our preference

As long as 68.6 is support look for 73.7.

Alternative scenario

Below 68.6, expect 67 and 66.

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 69.615 and 67.3574).

Supports and resistances

75.8 **

74.7 *

73.7 **

72.8

70.02 (USD-last)

69.3

68.6 **

67 *

66 **

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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