Walmart Inc (WMT) Up 0.05%, Price Base in Formation Over Past 14 and 30 Days; Eyes 20 Day Average – CFDTrading

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    130.7 was the closing price of the day for Walmart Inc, resulting in today being one in which price moved up 0.05% ($0.07) from the previous day. This move happened on lower volume, as yesterday’s volume was down 13.62% from the day before — and down 51.97% from the same day the week before. Let’s take a look at the daily price chart of Walmart Inc.

    The first thing we should note is that Walmart Inc is now close to its 20 day averages, located at 131.28 respectively, and thus may be at a key juncture along those timeframes. The clearest trend exists on the 90 day timeframe, which shows price moving up over that time. Also of note is that on the 14 and 30 day bases price appears to be forming a base — which could the stage for it being a support/resistance level going forward. For another vantage point, consider that Walmart Inc’s price has gone up 7 of the previous 14 trading days.

    $WMT just read an article where they were saying wmt stock may start acting like amzn stock once walmart plus comes out and that it will essentially be somewhat of a mirror image of amzn. they went on saying 500$+ could be coming faster than many believe. with the great earnings report and how the stock price really never responded im thinking a real nice price to add here at under 131$ a share. its only one article and make what u want out of it but it really made sense. im thinking this is a buying opportunity right here. Gl everyone and lets see what happens here. gl



    SOURCE: https://www.w24news.com

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