As stated in the previous analysis, Wal-Mart price is in a corrective move after the sharp sell-off from the mid-February.
In the next days, the traders should pay attention at the price action in the resistance zone area ($60.00-$60.40). If there will occur a reversal scenario that there will be high chances of new lows in the future weeks.
On the mid-term, the stronger support is in the $55.00-$56.00 area.
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