WMT is approaching our first support at 87.23 (horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 93.14 (horizontal overlap resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement).
Stochastic (34,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.
Stochastic (34,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.