Flat movement of Walmart

09 December 2021 325
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Since the end of March, Walmart has been traded within the range between 135.5 and 151.5.

The chart shows that near the lower boundary of the range there are signs of a reversal pattern and a divergence of the price and the Stochastic indicator.

It is likely that Walmart will grow towards the upper border of the range.

The intermediate targets are 142 and 146.5.

This content is for informational purposes only and is not intended to be investing advice.

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