IvanLabrie
Long

WFM: Potential double bottom ahead of earnings

NASDAQ:WFM   WFM
We have an interesting setup here. We can try a pair trade where we'd short WMT             and long the same amount of WFM             , or we can simply go long WFM             , either buying stock or trading bullish option strategies ahead of earnings .
If trading stock, you can use my suggested stop loss location.

If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.

Cheers,

Ivan Labrie.
Comment:
Trade active: Shorted WMT at market open, went long WFM. Good start.
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Comment: WMT meltdown, WFM, holding like a champ at earnings support.
This is what I'm talking about...pair trade working great.
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Comment: One more day for earnings, the push in WMT is losing speed but we might see a rally in WFM that will bring some nice profits.
Comment: Bam!!!
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Red and green boxes are the suggested entries.
Trade closed manually: I hope someone took this pair trade.
Comment: This trade might be viable again.
nice!
Reply
IvanLabrie selfhigh05
We're in for some nice profit here.
Reply
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