Walmart: Should You Buy or Short WMT Stock

Shares of retailer Wal-Mart Stores, Inc. (WMT) rallied big Thursday following a mixed third-quarter earnings report. From a technical perspective, WMT stock staged a major breakout move that looks promising for the longer-term and also helped push the Dow Jones Industrial Average to fresh all-time highs.

In the near-term however I would caution buying Walmart stock here … and active traders and investors could even consider the short side after a confirmed bearish reversal marks the chart.

Read my full analysis here:

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