From the monthly chart, Walmart looks like to have completed a very long term uptrend at the top made in Jan 2015. Since the mid 1980's, the stock moved in a perfect Elliott wave pattern as shown below.
Since Jan 2015, the stock looks to have entered bear market. Following is a five hour chart which shows probable count for an impulse wave down. The reason I prefer this count is because the market was most oversold (in daily chart, not shown here), during the blue wave ((iii)) down. If this count is correct the stock has at least 3 more legs to go down before any meaningful bounce/retracement.
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