WMT: Low risk long opportunity

I'm long $WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance.

Good luck,

Ivan Labrie.

Comment:

I like how we edged higher going into the close, after a dip during the day.
Acting strong, hold! I might add to the position tomorrow.

Comment:

I think we're safe now, you can add to longs a bit here.

Comment:

Trail stop to 69.50, double longs...or exit here. Sell at 70.

Comment:

;)

Trade active:

We can buy back, pretty solid.

Trade closed manually:

Out for now.