Stocks

Walmart adds to gains - Analysis - 18-04-2019

2019-04-18 13:40:17 GMT (Economies.com)

Walmart's stock kept rising in the short term, while trading alongside the upward short-term trend line, with positive pressure from the 50-day SMA, while the RSI reached overbought levels. 

 

Therefore we expect more gains for the stock, targeting the pivotal resistance of 106.21, as long as the support of 100.21 holds on. 

 

Expected trend for today: Bullish 

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