The USD 72.25 support, currently tested, should allow Wal-Mart Stores to rally again.

From a fundamental viewpoint, the company seems undervalued relatively to its peers with a EV/Sales ratio of 0.59x. However, analysts have revised slightly downward their earnings forecasts.
With an EPS estimated at USD 5.22 for this year and USD 5.73 for the next year, Wal-Mart Stores is currently paid 14 and 12.7 times the results.

Wal-Mart Stores appears oversold close to the USD 72.3 support. Also, the proximity of the bullish trend line gives credit to a potential technical rebound. Thus, the stock could find new energy and would rise towards the next USD 75.3 resistance.

Therefore, the proximity of the USD 72.3 support is an opportunity to take a long position in Wal-Mart Stores. The first goal is a return in the USD 75.3 resistance area, that is a potential of 4%. In fact, the security has to cross this area in order to re-establish a bullish trend in the short term. A stop loss order can be placed under the support currently tested.