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Long

WMT Approaching Support, Potential Bounce!

NYSE:WMT   WALMART INC
WMT is approaching our first support at 87.23 (horizontal swing low support, 61.8%, 100% fibonacci extension , 78.6% fibonacci retracement ) where a strong bounce might occur pushing price up to our major resistance at 93.14 (horizontal overlap resistance, 61.8% fibonacci extension , 38.2% fibonacci retracement ).

Stochastic (34,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.
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