Short

WALMART

WMT has been trade around 7-year CHANNEL UP PATTERN since the January 12 2015 High.

The price has finally reached the top (Higher Highs trend-line) of this decade-long bullish pattern and that is easily identifiable by the 1W RSI sequence.

The rally that started on the May 16 2022 bottom is very similar to the one that started on the October 26 2015 bottom.

bullish momentum is just around this 2-4 weeks impact from Trump presidency, but negative outlook from current geopolitical and economically approach, it gonna dip

AIMING it will dip deep and close the gapping again , to return to its baseline price.

thats all

drasyrafz

Disclaimer

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.