WALMART: Bearish: Overbought alert: Impact on Dow Jones
Be careful with Walmart as you can see cocoa and st microelectronic also rose to very very high historical levels and look at the correction that we had immediately after at least 40% drop
This action can have a significant impact on the Dow Jones
A strong correction could lower the DJIA index
I alert you...
At first glance, Walmart's earnings might not seem critical, but they provide key insights into consumer behavior and could serve as an indicator for future retail sales. If Walmart reports disappointing earnings, it could signal broader economic concerns. As one of the largest retailers in the U.S., a decline in Walmart's customer base may indicate that consumers...
With Target, we have another major player in the US retail market, and we prefer its price structure over Walmart's. After completing Wave (3), Target experienced a significant sell-off, forming Wave (4). Currently, it appears that an inverse head and shoulders pattern is developing, which could signal a bullish reversal. The neckline looks particularly strong,...
Walmart (NYSE: NYSE:WMT ), the world’s largest retailer, has once again defied economic expectations, reporting robust second-quarter results that prompted the company to raise its sales and profit forecasts for the second time this year. As inflation begins to moderate and consumer spending remains unexpectedly resilient, Walmart’s performance provides critical...
If you haven`t bought WMT before the previous earnings:
Now analyzing the options chain and the chart patterns of WMT Walmart prior to the earnings report this week,
I would consider purchasing the 67usd strike price Puts with
an expiration date of 2024-8-16,
for a premium of approximately $1.46.
If these options prove to be profitable prior to the earnings...
For investors who prioritize dividends as a critical component of their wealth-building strategy, Walmart Inc. (NYSE: NYSE:WMT ) stands out as a company worth serious consideration. With the ex-dividend date fast approaching in just four days, there’s an immediate opportunity for those who act swiftly to secure their place in receiving Walmart’s next dividend...
Tower Top Breakdown in the works. Seems like whatever or whenever it happens, it will be close to next Friday. Remain Bearish unless new highs are established. Seemingly easy Trade here. MACD in same positioning as well as RSI. Seems like WMT doesn't get much volume in general. Not necessarily a bad thing. Options could pay well here.
If you haven`t bought the dip on WMT:
Then analyzing the options chain and the chart patterns of WMT Walmart prior to the earnings report this week,
I would consider purchasing the 60usd strike price Calls with
an expiration date of 2024-5-24,
for a premium of approximately $1.73.
If these options prove to be profitable prior to the earnings release, I would...
Walmart ( NYSE:WMT ) reported Q1 FY 2025 earnings, which were positive and largely beat analysts' expectations, with income up almost 10%. The company is betting on easing inflation to boost demand for essentials and bring a rebound in sales of discretionary products like apparel and electronics. Shares of the Bentonville, Arkansas-based company were up 6% in...
Costco’s stock price has seen a significant increase recently, and there are several reasons behind this rise to $820:
Strong Sales Performance: Costco posted net sales of $19.8 billion for April, up 7.1% from $18.48 billion in the year-earlier period1. Net sales for the fiscal 35 weeks were $166.44 billion, up 7% from $155.62 billion a year earlier.
Shift in...
NYSE:CRM
Analyzing Salesforce’s Stock Surge to $298.14
Salesforce, a global leader in cloud-based software, has recently seen its stock price soar to an impressive $298.14. This significant increase is not a random occurrence but the result of a combination of factors that have played out in favor of the company.
Strong Earnings Reports: Salesforce has...
Walmart recently reached the low of the turquoise 4. Now the rise to the forecast top of the magenta wave (3) should ensue. With a probability of 39%, the green correction wave alt.(2) reaches a new low below the support at $57 in our alternative scenario.
Walmart is pulling back aggressively on what is a technical correction following deeply overbought RSI levels on the 1W timeframe. The 1D technical outlook has already turned bearish (RSI = 41.808, MACD = 0.470, ADX = 29.295) and is expected to extend towards at least the 1D MA100, as per all prior systemic pullbacks inside a logarithmic Channel Up pattern that...
Walmart (WMT) has been trading within a Channel Up pattern since the May 20 2022 Low. The current Bullish Leg is approaching the pattern's top (Higher Highs trend-line) and the probability for a correction becomes greater on every up move.
As the 1D RSI has been on a Bearish Divergence since February 20, similar to the April - May 2023 Divergence, we are...
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Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
In a groundbreaking move aimed at revolutionizing the apparel industry, retail giant Walmart (NYSE: NYSE:WMT ) has embarked on a visionary collaboration with unspun, a trailblazing fashion tech company. This partnership signals a significant stride towards reducing environmental impact, fostering sustainability, and revitalizing U.S.-based manufacturing.
At the...
Walmart is technically bullish on the 1D outlook (RSI = 66.294, MACD = 1.320, ADX = 41.735) but has reached the top of the 18 month Channel Up. With the 1D RSI Double Topped inside the overbought zone, the current price is increasingly unstable and the rally since the December 11th 2023 HL unsustainable withouth a correction. The three main pullbacks inside the...
Walmart, Costco, Target, CVS, Home Depot, and Walgreens are the largest box store giants in the market. Proctor and Gamble along with Nike are in here because they are both also mega corporations and since P&G has so many products in these stores. Nike is also a staple in these stores but Proctor and Gamble especially belongs here.
These Fibonacci Schematics are...
