I have seen several articles in business publications on the consumer trading down in their product sourcing, because of inflation. I can understand that, but how about trading up to Walmart ( WMT) , as the shares look poised for further gains in the weeks ahead? 
In this daily bar chart of WMT, below, I can see two trends. The first trend is the uptrend from last June -- prices traded higher into late November. The second trend is the sideways trend from November. Prices are trading above the rising 50-day moving average line and above the rising 200-day line.
Two interesting observations about the sideways trend in price: one is that trading volume does not contract and the second is that the On-Balance-Volume (OBV) line continues to rise the past twelve months. I view this as a positive. The Moving Average Convergence Divergence (MACD) oscillator is only slightly below the zero line.
In this weekly Japanese candlestick chart of WMT, below, I can see the past three years of price history. Prices have been in a very large sideways trading range the past three years. Rallies into the $150-$155 area have failed in the past three years but that may not be the case going forward. WMT trades above the rising 40-week moving average line. The weekly OBV line shows strength from October. The MACD oscillator is above the zero line.
In this daily Point and Figure chart of WMT, below, I can see that the software is projecting an upside price target in the $191 area. Trades at $156 and $158 should refresh the uptrend.
In this weekly Point and Figure chart of WMT, below, I can see the same $191 price target as shown on the daily chart above.
Bottom line strategy: Aggressive traders could go long WMT at current levels risking to $143. Add to longs on strength above $156 and $158. The $191 area is my price target for now.
