Thread by @malteseinvest

Analysis: #NYSE $WMT

Case 384 #Walmart Inc - Revisited (from Dec 4, 2019)

Special follower request: @AliTheTrader1

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

#WMT 1/4

Chart 1
Weekly Chart: Following the Dec 2019 analysis price just failed to trigger any buy orders and most levels to the upside have been met. Price is attempting to .....

WMT 2/4

..... close above the Apr. 2020 high but needs to gain a foothold above 137.60 to target 145.11 and then 149.85.

WMT 3/4

Chart 2
Daily Chart: The last 4 months have seen price trade in a $15 range and currently struggling to hold above the 132.33 #pivot. Good #support seen at 128.49, then the rising #SMA 20 at 124.26.

The #Strategy is printed on the image.

$WMT 4/4