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Walmart Inc (WMT) “On a long-term technical basis, the stock (WMT) is trading above its 200-day moving average which generally implies it is in a positive trend.
The stock has support at 134.13 and 125.08. If the stock breaks down through support at 134.13 then it will probably continue lower to 125.08. The stock will meet resistance at 137.63 and 154.84. If the stock breaks up through resistance at 137.63 then it will probably continue higher to 154.84. The 200-day moving average is at 121.67. This will also act as support. The stock is neutral according to the Stochastic Indicator (44.29).”
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