The largest retailer in the US is due to announce its latest q | ForexTime
The largest retailer in the US is due to announce its latest quarterly results before US markets open on Thursday, 18 February.
In the lead up to the earnings announcement, Walmart’s share prices have breached the resistance that had been offered by its 50-day simple moving average (SMA). Walmart’s share prices must climb back above its January high of $149.77 in order to send a strong message to markets that it can arrest its downward trend from the past couple of months.
With its 50-SMA is now threatening to cross below its 100-day counterpart, this stock is in need of a... Read More (https://www.forextime.com/market-analysis/how-may-walmarts-fiscal-q4-earnings-affect-its-share-price)
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