Current Trend (W): Down
Abv/Below Value Zone: Below
Next Scheduled Report Date: 18 August 2015
52 Week High: $90.97
52 Week Low: $71.70
Current Relevant Resistance: $77.00 to $81.00
Current Relevant Support: $67.50 to $71.70 — identified on chart above.
Recent Close: $72.74
Comment: WMT recently broke its 52 Week low and is facing a critical test over the next few days. We could easily see a decent bounce here, but I’m not inclined to believe a change in direction back to the upside unless price can breach and then hold above the $81.00 area.
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