StockCharts TV on $WMT (Oct 28, 2026)
AI summary · StockCharts TV
WMT's technical picture is weak: sellers have shown some power after overreach, and it needs real buying power plus a hold above the 18-week level to change course; if it breaks that level, it must recover and surpass the prior peak.
BearishHe framed it in weeks
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StockCharts TVPublished Oct 28 · 2 passages
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Now, if we look at what is currently happening at Walmart , we have seen a lot of overreach and some sellers have shown a bit of power . We need real power to change this course.
We will need this upward move and to hold above the 18-week level to change things in this way.
If we don't hold at the 18-week level and actually drop to break, let's see. If we fall and break this line, we will need to come back up and surpass this peak.