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Analysis: #NYSE $WMT

Case 66 #Walmart Inc

DISCLAIMER: The analysis is strictly for educational purposes and should not be construed as an invitation to trade.

Thread 👇👇👇

#WMT 1/4
Walmart spent 12 years trading in a monotonous $22 range, then finally it began to take off in 2012 and the old 1999 high of 70.25 was overtaken several times.

WMT 2/4
Chart 1
Weekly Chart: The main object stands between 136.80-137.60. Currently slightly overextended. Good #support seen from the #SMA 20 in line with the rising trendline. Major support lies between 73.00-68.50 and the SMA 200 at 65.08

WMT 3/4
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