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MarketMotion
Sep 5, 2021 1:37 PM

WMT - REMAINS A BUY Long

Walmart Inc.NYSE

Description

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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