WMT has seen some serious bullish price action sparked by their recent announcement o a subscription service that puts them in somewhat direct competition with AMZN. This appears to have started a whole new wave of impulsive price action. It faced rejection today after reaching the previous all-time-high and barely breaking past it.
@Medtnerop27, estimate price target is 137.50 on thursday.
Medtnerop27
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@ericisom887, thanks so much Eric - appreciate it - I have a 126C for 7/17 - you think worth holding or liquidating now for 78% profit?
ericisom887
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@Medtnerop27, I DM'd you the answer to your question with the relative support and resistance zone you should look for in terms of confirmation of it hitting a new ath bb, glad I could help :)
MrMarketMaker
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I am holding a few 140 calls for after earnings, thinking there is some upside potential here as the stock has consolidated nicely. Good luck!
roboto900
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I like this chart. makes me optimistic for the week