tradepatiently

WMT Entry, Volume, Target, Stop, Resistance

Long
tradepatiently Updated   
NYSE:WMT   Walmart Inc.
When price clears: 154.64
With daily volume greater than: 5.89M
Target: 163.75 area
Stop: Depending on your risk tolerance; 151.62 gets you 3/1 Risk/Reward.
Resistance: 160.77 area

This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Comment:
I'll wait. Got price without volume. Can a stock go higher without volume? Yep! Are the odds better if you have volume? Yep!

Comment:
Leaving the station without me, volume is decent but I'll probably wait for a better trade.
Comment:
Too far gone for me, but come on 163.75 - if you took the trade, I wish you luck!
Comment:
I may reconsider tomorrow if price looks like it will close above 154.64.
Comment:
Price going sideways on decreasing volume - another entry chance may be coming soon.
Order cancelled

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