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Walmartbuy

Walmart's Next Stop All Time HighsHello friends, today I am completing a technical analysis on the 1D linear scale chart for Walmart Inc. (WMT), a retail company traded on the NYSE. In the chart I noted: 1) The WMT price has been moving in an ascending triangle since December 2020 with the first bottom trendline touch in March 2021. The bottom trendline has been respected two times with the second touch in October 2021. 2) The price is currently looking bullish based on a few indicators noted below. The price has potential to increase 5% or greater and make a new all time high. 3) The 21 Day EMA is hovering at the current price and the price is making an attempt to break it. 4) The Volume looks consistent with prior months. 5) The RSI is respecting the bottom trendline forming a Rising Wedge pattern. There is potential for the RSI to move higher as it recently completed a Double Bottom off of the bottom trendline. 6) The Stochastic RSI (Stoch RSI) is moving out of the oversold region with potential to create a double bottom or move directly higher. If it goes back down to create a double bottom, price may consolidate for a bit before moving higher. 7) The Money Flow Indicator recently exited the oversold region and headed higher. An example of the MFI reaching oversold region is shown in March 2021. 8) The Fibonacci extension showed the price recently re-tested the 0.382 level and currently entering the Golden Pocket (0.618-0.65). What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:WMTLong
by MillionaireEconomics
Walmart Bullish, Consolidating for a bit then towards $130Walmart is going to be consolidating for a bit around the support that its been hitting but overall Walmart is going upwards, it keeps making higher highs without breaking support easily looks like along for Walmart around the 120.92 support Once the MACD creates a new lighter red candle (bear candle) we can expect an increase of around $8 dollars towards the upside which would bring the price of Walmart somewhere along the lines of $130 overall long on walmart especially during recessions, expect same results from dollar stores
NYSE:WMTLong
by mandujanotony31
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