Economies.com provides the latest technical analysis and forecast of the american stocks, in order to keep track of the trend of the US stocks.
Walmart Stores' stock (WMT) returned higher in the intraday levels, scoring a profit of 0.15% in the last session, or 0.15 points, amid the dominance of the main upward trend in the medium and short terms, with positive pressure from the 50-day SMA, as the stock readies to attack the stubborn resistance of 99.90.
Therefore we expect more gains for the stock, provided the resistance of 99.90 is breached, targeting the next one at 106.16.