Walmart trapped in a hesitant place - Analysis - 01-02-2023

Walmart's stock (WMT) rose in the intraday levels with positive signals from the RSI amid the dominance of the upward correctional short-term trend, countered by negative pressure from the 50-day SMA. 

Therefore we expect more gains for the stock, targeting the resistance of 154.65, provided the support of 140.90 holds on.

Expected trend for today: Bullish