Wal-Mart Stores Inc - WMT
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October 25, 2006
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Last Trade
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$50.85
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Volume
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17,283,400
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52-Week High
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$52.15
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52-Week Low
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$42.31
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Commentary:
For today's
chart we've chosen to take a look at WMT because the bulls have managed to
push the price above a long-term support/resistance level - a factor that
has affected the stock's direction since early 2004. The recent move above
the $51 resistance suggests that the bulls are stepping back in and could
be a signal of a continued move higher.
Happy Trading,
Casey Murphy,
Senior Analyst, ChartAdvisor
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