WMT is offering a great entry for the long term here. Free cash flow yield of 6.8%, earnings yield of 5.6% with very low debt, with a 2.94% dividend yield on top make for a solid spot to acquire WMT shares.
You can buy here, or buy gradually over a week/month to average your entry.
I'd reccomend either risking a 3.1usd decline, or using no stop and sizing it...
Market price has reach the support level which is my entry level for buying the stock market @ 1.0112
and will exit the market level @1.10808 which is my pullback line level.
Calling for all trader for buying the stock entry
@1.10112 option1
@1.09948 option2
@1.09223 option3
Please exit market level @1.10808
Traders - do not be fooled, the recent bearish movement of eur/nzd is purely a retracement following the pair's 2015 move - classic bull flag stuff. On daily chart, the pair closed above the falling trendline that has been in force since mid July, signalling further bullish action for the pair.
I suggest longing upon retest of falling trendline following...
$IBEX35 looking attractive for a big bounce after breaking downwards resistance that was holding back price since July 2015.
The first target would be 9200 and second target 10000.
Aggressive stop loss 8400, loose stop loss 8200.
Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments when they arise and trade it for a profit in the future. I use Modern Monetary Theory for my analysis.
Please note I am not a short term trader and I place no stops, I apply proper position size and build positions. I trade today's false sentiments and trade it for a profit. I use Modern Monetary Theory for my analysis.
Fundamentals
BREXIT was a non event that did not effect the UK economy. A 20% decline in GBPUSD was and is unwarranted. The S&P, FITCH downgrade...
Interesting micro Chinese stock at multiyear accumulation area above $1.50. It could need a few more months before a new (likely) rally.
A 100-200% gain could be easily achieved as long as support area holds.
Holding $BORN at a $1.50 average. Following the main idea of Shanghai Index recent breakout, $BORN looks nearly ready for some action after accumulation around the $1.50 area for the whole year.
Exciting days could be around the corner as earnings are announced tomorrow. But it could need up to one extra month to break current symmetrical triangle (bullish pattern).
