Walmart amid positive outlook - Analysis - 18-01-2018

Walmart Stores' stock (WMT) rose in the intraday levels, scoring a profit of two percent in the last session, or 2.01 points, amid the dominance of the main upward trend in the medium and short terms, while a positive divergence formed in the Stochastic indicator as shown below the attached chart, with positive support from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of 106.16, as long as the support of 99.90 holds on.