WMT Walmart has broken out of the consolidative range and is entering into a new high going forward. Major uptrend remain intact and ichimoku is showing a three bullish golden cross. Long-term MACD is flat while Stochastic Oscillator has been rising steadily and formed a crossover above the 50 midpoint level. 23-period ROC is back into the positive zone. Volume has been rising steadily and expansion is healthy.
Key support is at 91.00. Target will be at 114 in the near-term and 135 over the longer-term period.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.