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Wal-Mart approaching resistance level

  

Wal-Mart is moving towards a line of 61.6500 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Wal-Mart continues in its current trajectory, we may see it move towards 61.6500 within the next 3 days.

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