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BillionsFund
Nov 17, 2018 6:46 AM

The fall of WAL MART - #wallstreet #trading Short

Walmart Inc.NYSE

Description

Numbers do not lie. Wall mart earns less and less. Profit margins are low and net profit falls steadily over the last few quarters. This thing is not a good sign.

Making a fundamental analysis from my point of view, thiol is very overrated. With the last gross profit for me the title is worth about half. If it seems a crazy idea mine, think that its EPS is similar to that to Coca Cola .... Coca Cola, however, is 50$.

Looking at the chart, this moment seems similar to the descent of 2015. Only a change of direction of the eps in the coming quarters will stop the downtrend started.

The weekly mm7 broke down, thus starting a bearish phase. Three dashed black lines are drawn on the chart. they are not yet closed gap up. Interesting at 75.15 near a Fibonacci level. it is far? now, yes, but do not forget Coca Cola!
The first gap to close is at 90, near the Fibonacci 0.618 level. It seems an easy goal. Everything is for a price drop.

Good luck.
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