WALMART: The first buy opportunity of 2025 is here.

Walmart has turned neutral on its 1D technical outlook (RSI = 52.502, MACD = 0.350, ADX = 31.554) as it is trading sideways on top of the 1D MA50. This is a strong support level that has been unbroken since August 14th 2024 but the sideways trending 1D RSI resembles all times since September 2022 that it crossed under it and then rallied. Consequently this is already a strong buy signal, regardless of whether the price breaks the 1D MA50 or not as, at worst it is expected to trade sideways for another 1-2 weeks and then rebound. We aim for a +22% price increase (TP = 108.00) like the last two bullish waves delivered.


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