Stock Of The Day: Is Walmart Ready To Rebound?
1. Walmart is currently oversold, indicating potential for price reversal. 2. The stock is approaching a former support level of $101.40. 3. Historically, oversold conditions can lead to buying activity and price increases. 4. Relative Strength Indicator (RSI) shows disparity in oversold status at different time frames. 5. Buying at former support can create momentum for future price rallies.