Walmart (WMT) buying the dip within an uptrendWalmart Inc.BATS:WMTInvestWorld_777On Walmart Inc. price remains within a strong upward channel despite the current pullback. The structure still shows higher lows, suggesting trend continuation once the correction is complete. The main scenario is to look for buying opportunities in the 117-113 zone (0.5-0.382 Fibonacci area), where price is already reacting. If this zone holds, a continuation higher is expected toward 127 and then 141, aligning with the channel resistance and prior highs. Technically, price remains above key moving averages, and the pullback appears to be a healthy correction before the next upward leg. From a fundamental perspective, Walmart Inc. continues to act as a defensive retail stock. The company benefits from steady demand, especially during inflationary periods when consumers shift toward lower-cost goods. Growth in e-commerce and operational efficiency further support its long-term outlook. The alternative scenario would be a breakdown below 113, which could trigger a deeper correction toward 109 and lower.