Walmart: An Expected Move Towards And Below The $146 Closest Support Level
| May 17, 2022 09:30AM ET
When we look at the Walmart's (NYSE:WMT) chart, we see the continuation of the downward trend since the start of the past week, falling from the $152 level down to the $150 and then further down to the $148, finding support at the $146.
It managed to bounce a couple of times from the support level but with no follow-up consolidation. It was last found trading at the $148.11 range.
Today we can expect a move towards and below the $146 closest support level.
If however, it manages to hold on to the current level then a move close to the $150 range can be expected.
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