Today’s instrument is the Walmart Inc.‘s stock traded in NYSE exchange under the ticker WMT. Walmart Inc. engages in the operation of retail, wholesale, and other units worldwide.
Looking at the WMT‘s chart, we see that the stock was lastly traded at around $149.55.
Today it is announcing its quarterly earnings, and if the market’s expectation on the results is positive, then we should expect the price to rise towards its resistance level at around $153-154. On the other hand, it could drop towards its support level at around $140.
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