MarketMotion

WMT - REMAINS A BUY

Long
NYSE:WMT   Walmart Inc.
Looking for WMT to continue to push higher into this wave 5.

Resistance: 148.60 and 157.20

PT for this leg up for me is 176-177.

Volume remains bullish as Friday selling failed to close below Thursday low and was less than the relative volume from the buyers on Thursday. Also, we got a nice wick up candle from Friday low that signals the bears are still relatively weak in comparison to the bulls.

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