Walmart (WMT) is anticipated to report its latest quarterly numbers before the opening of trading on Tuesday. Jim Cramer says Walmart "will be the test."
Let's spend a few minutes with the charts.
In this daily bar chart of WMT, below, we can see that prices have been trading higher from a "V" bottom in March. Prices are trading above the rising 50-day moving average line and the rising 200-day line. The 50-day is ready to cross above the 200-day for a bullish golden cross buy signal. The daily On-Balance-Volume (OBV) line is pointed up and the Moving Average Convergence Divergence (MACD) oscillator is bullish.