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FleurdelisFX

Walmart is expected to make big move post earnings $WMT Bullish

Long
Walmart Inc. (NYSE:WMT)  
FleurdelisFX  
NYSE:WMT   Walmart Inc.
Trend Analysis Technical Indicators Fundamental Analysis WMT wmtlong walmart walmartlong wmtbuy
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trendanalysis indicator fundamental wmt wmtlong walmart walmartlong wmtbuy
This is a very easy long. Walmart ($WMT) like Dominoes ($DPZ) did not experience any major dump when the markets crashed and it was one of the first to rally. $WMT was sold off and money flowed out of $WMT into stocks that were crushed in May and June, $WMT consequently dropped below $120. It snapped back above $120 on the announcement of Walmart plus and retested above $130 and FOMO buying came aboard. After a bit of correction, it is expected to break out of its previous top and make new highs on strong earnings. There was no post dividend dump. $140 is an easily reachable target post earnings.
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