Walmart breaches current resistance - Analysis - 14-08-2018

Walmart's stock surpassed the resistance of 89.66 in the intraday levels, amid the dominance of the main upward medium-term trend, with positive support from the 50-day SMA, scoring a profit of 0.60% in the last session, or 0.54 points, while the RSI reached extremely oversold levels compared to the stock's movements. 

Therefore we expect more gains for the stock, especially if the resistance of 89.66 was breached, targeting the next one at 94.72.