andrew.berg
Long

WMT poking its head and looks ready to go

NYSE:WMT   WALMART INC
Nice, bull candle closed near highs,that resolved wedge with bunch of inside, choppy and noisy candles.
Lets see to what it leads, need to hold breakout point at $76.90.
As markets recent momentum remains neutral to negative and long-term macro picture in Wal-Mart is neutral it makes probability of this trade lower. I manage probability of trades with tier system. So, may initiate long trade above $77.50 with tier 1.
Поиск торговых идей,
оценка настроений рынка, сценарии и торговые планы. https://t.me/berg_stocks
WMT broke out big time. Congrats! I think there is a lot more room to go up. Your thoughts?
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$79.00-.30 2nd target in tact despite markets downside acceleration
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Took some profit today at 78.68. Also encouraging to see that on several of the recent down days, even for how strong they have been, WMT has been holding up well or even in the green.
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Good decision, overall market feels heavy
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Measuring relative strength of sectors and specifique stocks is part of my process
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$78.50 was key point to amke adjustments and cover some if you are long. Doesn't mean its short.
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