Momentum is building with this Rectangle. See the live chart action.
Sideways movement between parallel supports.
Bearish continuation if preceding move was down.
Bearish continuation pattern.
Market participants tracking Walmart should note the latest formation. Price has moved to $117.18 (-0.8%) amidst recent volatility. Our AI has detected a valid Bearish Flag pattern. This setup is supported by strong volume turnover. A potential breakout level is identified at $112.73, targeting $90.3 with support near $122.94 (R:R 2.2).
What is your outlook on WMT?