Walmart Inc.
Long

$WMT Bullish flag formed in WALMART into earnings report.

212
Walmart reports tomorrow and we think it is setting up nicely for a jump on earnings. The markets will eagerly await they numbers as it could give a the true picture of the consumer environment due the diversified customer base WMT has. From a charting perspective there is a small bull flag developing within a tightening wedge which we believe will result in a positive move on earnings. Indicators are mixed but still positive and buy volume has been steadily increasing.

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