Walmart Inc.
ロング

Bounce from Channel Support

214
Could see a bounce from this channel support level.

Oversold on Stochastic. The past 3 times Stochastic has come off of oversold it has proven a good long trade (as shown by the blue vertical lines).

Still has strong fundamentals for the time being, going into earnings in a couple weeks.

Stop at $120, Target Profit at $132 means Risk/Reward of 1:3

Thoughts?

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