Walmart(WMT) is in a no trade zone. We need to wait for the stock to show us some direction.
The trend based on the last 2 months shows upside, but the way the stock has fallen into the support area(130-133) doesnt look good.
If the stock moves above 133, we can go long with a price target of 143 and a stop loss of 130.
If the stock moves lower than 130, we can go short witht h price target of 124 and a stop at 133.
The trend based on the last 2 months shows upside, but the way the stock has fallen into the support area(130-133) doesnt look good.
If the stock moves above 133, we can go long with a price target of 143 and a stop loss of 130.
If the stock moves lower than 130, we can go short witht h price target of 124 and a stop at 133.