WMT: Bulls Attack the Gap, but Resistance Still Holds

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WMT: Bulls Attack the Gap, but Resistance Still HoldsWalmart Inc.BATS:WMTDL_INVESTWalmart is attempting a strong recovery after defending the $103.50 area and reclaiming the key $107 support. Price is now testing the $111.20–$112.36 resistance zone, where the previous bullish attempt was rejected. This is the immediate decision area. A confirmed daily close above $112.36 would strengthen the bullish scenario and could open the way toward $113.99, completing the gap recovery. However, another rejection from this zone would signal that sellers are still active. In that case, a pullback toward $110—and potentially $107—would remain possible. Key levels - Resistance: $112.36 - Bullish target: $113.99 - Major support: $107.00 - Bearish extension: $103.50 The recovery is constructive, but the breakout has not yet been confirmed. Bulls now need to turn resistance into support. Disclaimer: This analysis is provided for informational and educational purposes only. It does not constitute financial or investment advice. Always conduct your own research and consider your personal financial situation before making any investment decision. Laurent - Private Investor ✅ DL INVEST | Community Leader