Wal-Mart celebrates quarterly results above expectations

Wal Mart celebrates quarterly results above

(Finance) – He shyly lengthens his pace Wal-Martwhich trades with a modest progress of 1.14%, thanks to a higher-than-expected quarterly result announced the day before, thanks above all to online food sales.

On a weekly basis, the stock’s trend is more solid than that of Dow Jones. At the moment, therefore, the appeal of investors is aimed more decisively at big names in large-scale retail trade compared to the reference index.

At present the short-term scenario of Wal-Mart notes a sharp rise with a target of 65.2 USD. In the event of a temporary physiological correction, the most immediate target is seen at 63.95. However, expectations are for a rise in the curve to the top 66.45.

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