TradingView
adilbekkubayev
Oct 6, 2021 10:56 AM

WMT bouncing from demand zone to 145-150 again Long

Walmart Inc.NYSE

Description

WMT is a defensive stock, which could be a great Buy in uncertain conditions of the market. I see it could climb back to 145-150 in a couple of weeks.

Entry price - 137
Target - 145-150
Stop-loss - 134
Position size - 5% of the capital
Period 4-6 weeks

Trade closed: target reached

The supply zone is at 152-155, so I'll suggest closing the position. Target reached perfectly.
Comments
Verkaas
bravo
More