Wal-Mart Stores, Inc. operates retail stores in various formats
worldwide. It operates retail stores, restaurants, discount stores,
supermarkets, supercenters, hypermarkets, warehouse clubs, apparel
stores, Sam'ss Clubs, and neighborhood markets, as well as walmart.com;
and samsclub.com. The company's stores offer meat, produce, deli,
bakery, dairy, frozen foods, alcoholic and nonalcoholic beverages, and
floral and dry grocery; health and beauty aids, baby products, household
chemicals, paper goods, and pet supplies; electronics, toys, cameras
and supplies, photo processing services, cellular phones, cellular
service plan contracts and prepaid service, and books; stationery,
automotive accessories, hardware and paint, sporting goods, fabrics and
crafts, and seasonal merchandise; pharmacy and optical services; shoes,
jewelry, accessories, and apparel for women, girls, men, boys, and
infants; and home furnishings, housewares and small appliances, bedding,
home décor, outdoor living, and horticulture products. Its stores also
provide tobacco, tools and power equipment, office supplies, furniture,
grills, gardening products, and mattresses; and wireless, software,
video games, movies, and music products, as well as operate gasoline
stations, and tire and battery centers.
To review Wal-Mart's stock, please take a look at the 1-year chart of WMT (Wal-Mart Stored, Inc.) below with my added notations:
To review Wal-Mart's stock, please take a look at the 1-year chart of WMT (Wal-Mart Stored, Inc.) below with my added notations:
WMT has created a couple of important price levels to watch. WMT has formed a clear resistance at $75 (navy), which would also be a 52-week high breakout if the stock could manage to break above it. In addition, the stock is climbing a short term, up-trending support level (red) over the last (2) months. Eventually, the stock will have to break one of those two levels.
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