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15% - 20% on tap for Walmart Inc.

Hey Trader,

15% - 20% on tap for Walmart Inc.

Exciting times ahead in the world of retail stocks, especially when it comes to powerhouse companies like Walmart Inc. (WMT).

If you're eyeing potential opportunities in the market, you won't want to miss out on what's brewing with Walmart.

Let's dive into the technicals:

Walmart (WMT) is currently inching closer to a significant long-term resistance level. This level isn't just any ordinary line on the chart—it's a critical juncture that could dictate the stock's trajectory for months to come.

Right now, it's like the calm before the storm, with monthly buying pressures building.

But here's the kicker:

Once Walmart hits this resistance, it could spell trouble for the stock. Technical analysis suggests that we might see a drop of 15% to 20% over the next 3 to 5 months.

That's definitely something to keep an eye on if you're considering your next move.

However, don't count Walmart out just yet.

There's always another side to the story, and in this case, it's a bullish one.

If Walmart manages to break above this resistance level and settle there on a weekly basis, it could trigger a powerful buy signal: gains of up to 20% over 5 to 6 months.

So, whether you're gearing up for a potential downturn or hoping to ride the wave of an upward breakout, Walmart is certainly one to watch in the coming weeks and months.

0800 - 1100 ET ... /NQ, /ES, /CL, /GC

Stay tuned for more updates and insights as we navigate the exciting world of trading!

Happy Trading,

Anthony Speciale

Speciale Analysis

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