While others will publish just about anything to keep their click count and reputation up while first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
WMT weekly chart - it's a beautiful thing. Walmart is as close to a recession proof company that you can find. Pharmacy, clothing, grocery, home improvement, toys, sporting goods, they have it all. They report next month and they will absolutely knock it out of the park. I can see this easily going to $150 and beyond. It's a core holding in my portfolio.
If you found this to be insightful or helpful, please show appreciation by hitting the like button. If you want more ideas I invite you to follow as well! I try to be here for all of my followers with any questions they might have. Feel free to shoot me a DM or comment below to start a conversation!
Comment
⋅
On it's way :)
Comment
⋅
Wow this thing is GORGEOUS. I'm holding through earnings. Even if they miss it's a GREAT long term story.
Is that arrow "time" accurate? i.e Do you see it hitting 155 before EOM?
chartsareforships
⋅
@jaredford16, Hey Jared, I believe it hits the $150's in the weeks after earnings which is coming up May 19th. My end of year target is in the 170's. Hope that helps!
chartsareforships
⋅
@jaredford16, a hiccup last quarter wasn't even all that bad (as the stock price reflects a well performing management team). The big money is pushing this thing up before earnings tomorrow. I'm still holding.