Walmart steadies - Analysis - 20-11-2017

Walmart Stores' stock (WMT) fell in the intraday levels, recording a loss of 2.16% in the last session, or 2.15 points, after piercing the resistance of 91.98 recently, amid the complete dominance of the main upward trend in the medium and short terms, with positive support from the 50-day SMA, as traders collect recent profits. 

Therefore we expect the stock to return solidly higher, especially if the resistance of 99.90 was breached, targeting the next one at 106.16.