The shares of Walmart Inc., the US company that operates the world's largest wholesale and retail chain, are correcting at 143.00.
On the daily chart, the quotes are forming a global ascending channel with dynamic boundaries of 140.00–161.00, and after reaching their lower limit, they are preparing for a reversal.
On the four-hour timeframe, further growth is favored by the ending local downward corridor with dynamic boundaries at 135.00–144.00, which can work as a Flag trend continuation pattern.
Technical indicators are preparing to give a buy signal: fast EMAs on the Alligator indicator are approaching the signal line, and the AO histogram is forming rising bars, approaching the transition level.