WMT's three-year weekly chart points to a potential upside breakout above its 50-week moving average, with RSI's downtrend broken and MACD turning bullish; past 12/26 EMA crosses led to further gains. The move may continue over the next few weeks, though international pressures are a downside risk.

Yeah. So, Walmart and Costco are really going to lead the consumer staples just because of their market cap weight. Now, if you're looking at the three-year weekly chart, this is actually very interesting here.

Uh, you are seeing a potential breakout to the upside, breaking above the 50week moving average, which has acted as an area of resistance for this name. But what really gets you excited that this move can continue over the next couple of weeks is that RSI has actually broken its downtrend as well as that MACD is just starting to actually cross in a bullish formation.

You can see in the chart in the past when we see that 12 EMA cross above the 26 EMA that has also led to further price gains for Walmart here. So this is actually an interesting setup that yes it had a great week this week.

It had a great week last week. We not may not be done when it comes to this name

but at the end of the day you also are seeing maybe some of the uh pressures on the international front for a lot of these companies like a Walmart or Costco also kind of moving to the downside as well.