Watch These Walmart Price Levels Ahead of Earnings Report This Week
Key Takeaways
- Walmart shares are the spotlight this week ahead of the big box retailer’s quarterly results, due before the opening bell on Thursday.
- The stock has consolidated on declining trading volume ahead of the company’s quarterly results, indicating that larger market participants remain on the sidelines leading into the report.
- Investors should watch major support levels on Walmart’s chart near $90 and $85, while also monitoring important resistance levels near $100 and $105.
Walmart (WMT) shares are in the spotlight this week ahead of the big box retailer’s first quarter results, due before the opening bell on Thursday.
Last month, the retailer maintained its guidance of 3% to 4% sales growth for the first quarter, but…
