$WMT Walmart destined for All Time High
Stock is within a very well established ascending 4 year channel.
While bullish, this channel may also as strong resistance to any rally post earnings.
Moving averages are in strong uptrend.
Indicators are general strong.
We all know the dependence we have all had on the retailers in the past 2 months and the fact that all our weekly spend is focused on this group as competition is limited.