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Reallifetrading
Nov 16, 2015 10:14 PM

WMT analysis pre earnings 

Walmart Inc.NYSE

Description

Today is Merchant Monday at Real Life Trading - on The Swing Trading Floor in the afternoon from 5-6 Eastern .

I want WMT to open in one of the purple boxes(areas) to trade directionally. We exited our WMT bearish swing on Friday. At this point if WMT gaps down, it would trap the buyers from today. I want a gap up to clear $62.50 {otherwise, it could just roll over again). IF it does clear $62.50, the green line is my expectation and plan if I'm going to trade it bullish.
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