andrew.berg

WMT prepares for a move higher

Long
NYSE:WMT   Walmart Inc.
3
Wal-Mart was out of play for a while, but now after it broke its down trend line and flagging above 200 EMA in tight pattern, it looks ready for a move higher through $77.50. Breka and close above will trigger my entry long. Maybe we will see this retailer back to $80ish highs. Not ready yet, still needs a lot to prove.

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