IvanLabrie

WFM/WMT: Pair trade setup

NASDAQ:WFM   WHOLE FOODS MARKET INC
We can take a pair trade here. Let's enter long WFM/WMT.
Basically, we'd consider risk per share, to determine the amount of shares to long and short on each leg of the pair, but not use any stop loss. Profit will result from WFM             outperforming WMT             in the coming months.

Good luck!

Ivan Labrie.
Comment: Going exactly as planned, great!
Comment: Great progress here.
Comment: WFM is also down but at support now.
Trade closed manually
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