Shares of Walmart Inc., an American company that manages the largest network of wholesale and retail trade, are correcting at 76.00.

On the daily chart, the price is moving in an upward trend, holding above the resistance line of the channel with dynamic boundaries of 75.00–68.00.

On the four-hour chart, the quotes left the range with a price gap of 74.13–68.45 and are not currently trying to work it out. The likelihood of further growth will increase after the asset consolidates above the year’s high of 76.10.

Technical indicators maintain a stable buy signal: fast EMAs on the Alligator indicator are above the signal line, moving away from it, and the AO histogram forms high ascending bars in the buy zone.

Trading tips

Long positions may be opened after the price rises and consolidates above 76.10, with the target at 79.50. Stop loss is 75.00. Implementation period: 7 days or more.

Short positions may be opened after the price falls and consolidates below 74.80, with the target at 72.40. Stop loss is 76.00.