Walmart (NYSE: $WMT) Bulls Eye a Reversal Near Key SupportWalmart Inc.BATS:WMTDEXWireNewsWalmart’s stock is showing early signs of a potential rebound after testing a crucial support zone near the $100 level. This area has acted as both resistance and support in the past, making it a critical price floor for buyers. The chart displays a well-defined ascending trendline that has held since early 2025, signaling a long-term bullish structure. Currently trading around $102, Walmart appears to be forming a higher low, which could serve as the base for a new bullish leg. This new leg may lead to a breakout toward $109 and possibly higher if volume confirms renewed buying pressure. Fundamentally, Walmart continues to benefit from its dominant retail position and strategic investments in e-commerce and automation. The company’s ability to manage supply chains efficiently and maintain stable margins during inflationary periods has strengthened investor confidence. Additionally, its focus on expanding grocery delivery and membership programs has kept revenue growth steady even amid consumer spending shifts. If the $100–$101 region continues to hold, technical traders may anticipate a bounce back toward the $108–$110 resistance zone. A clean break above that level could open the door for a move to new highs around $114. Conversely, a close below $98 would invalidate the bullish thesis and suggest further downside toward $94. With strong fundamentals, consistent dividend growth, and a chart structure hinting at a technical reversal, Walmart’s setup appears attractive for medium- to long-term investors watching for confirmation of momentum.