Walmart Stock Hits Record High for Second Straight Day—Monitor These Price Levels
Key Takeaways
- Walmart shares closed at a new high Wednesday, adding to gains that followed news yesterday the big box retailer had become the latest company to team up with ChatGPT developer OpenAI.
- Walmart shares staged a decisive breakout from a symmetrical triangle on Tuesday, laying the groundwork for a continuation move higher.
- The measured move technique projects a bullish near-term price target of $113. Investors should also watch crucial support levels on Walmart’s chart around $105, $100 and $96.
Walmart (WMT) shares hit a fresh all-time high Wednesday, adding to gains that followed news yesterday the big box retailer had become the latest company to team up with ChatGPT developer OpenAI.
The retailer said the collaboration…
