Walmart Short Term: as long as 59.1 is support look for 62.4
Apr 27, 2024 04:59
Walmart (WMT.US)
0.79+1.32%
as long as 59.1 is support look for 62.4.
Our pivot point stands at 59.1.
Our preference: as long as 59.1 is support look for 62.4.
Alternative scenario: below 59.1, expect 58 and 57.3.
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 trading above both its 20 and 50 day moving average (respectively at 59.802 and 59.8331).
Supports and resistances:
63.8 **
63.1 *
62.4 **
61.8
60.16 (USD-last)
59.6
59.1 **
58 *
57.3 **
Our preference: as long as 59.1 is support look for 62.4.
Alternative scenario: below 59.1, expect 58 and 57.3.
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 trading above both its 20 and 50 day moving average (respectively at 59.802 and 59.8331).
Supports and resistances:
63.8 **
63.1 *
62.4 **
61.8
60.16 (USD-last)
59.6
59.1 **
58 *
57.3 **
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