Walmart declines amid positive pressures - Analysis - 19-10-2018

Economies.com
2018-10-19 11:12AM UTC

Walmart's stock fell in the intraday levels while trading alongside the upside short-term trend line, with positive support from the 50-day SMA, coupled with positive signals from the RSI, recording a loss of 0.40%, or 0.39 points, as the stock garners momentum to help it rise anew. 

 

Therefore we expect the stock to return higher, targeting the resistance of 100.21, as long as the support of 94.72 holds on. 

 

Expected trend for today: Likely Bullish 

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