Historically, the $TGT stock has been in this channel for quite some time. (white for dummies) When it broke out of this channel, it reached an all time high. Then we can clearly see a nice inverse head and shoulders. Next target would be $64 if falls back in here.
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Dates in the future with the highest probability for price direction reversals
Walmart is supposed to be a defensive stock to buy when the market drops, but the charts show that price may head lower. Reasons for weekly 115 puts (higher risk) or swing trade 110 puts (lower risk): > In candle chart, green rectangle, you see a very bullish pattern between 2/27-3/2, and also a bullish engulfing candle on 3/6. However the volume directional...
Currently, we are above all moving averages and breaking out of the downtrend channel. Technical indicators are showing more upside to go. I would go long.
Bouncing off the trend-line with strong bullish candle(s). Possible long!
The price bounced from the uptrend line and moved upward. RSI confirmed the price reversal. MACD histogram confirms a possible upward movement. The price could break the local downtrend line. It gave us a bullish signal in the direction of the main uptrend. Entry Price: above 116.80 Stop Level: below 114.15 Profit Level: at 121.95 Disclaimer! This post does...
Walmart has recently reached a resistance line of a rising channel on a daily. on 4H the market has formed a head and shoulders and broken below the neckline. I believe that now we can expect bearish continuation. initial target level is 110.0 second target is 104.0
Walmart is a strong stock that has painted fresh ATH's in the past couple weeks. However, this recent price action has shown considerable weakness: lowered volume, bearish RSI divergences, and an inability to strongly breakout much higher. It seems to be sputtering and in danger of turning over in a rounded top fashion. Candlesticks and wicks on the daily, weekly,...
WMT has been on a parabolic bull run, yet no trend can be observed it seems to be ‘running on steam’ This is supported by the CVI, with less money flowing into the nasdaq composite, hence momentum decreasing. OBV shorts and longs both increasing and volume RSI seemly absent for the past 46 years. The fusion I talk about comes in the form of digital currencies and...
Based on the divergence and slamming into a cluster of important fibonacci levels, I think a ≈5% correction is in the works. Looking for shorts at these levels and will look for longs in the boxed in area accompanied by other "buy signals".
Hi, today we are going to talk about the Walmart and its current landscape. Walmart yesterday disclosed better than expected earnings, a delightful surprise for investors that were worried by the impact of the Trade War tariffs over the retail corporation. Walmart also raised its EPS guidance forecasted for the next year. The news is positive for the American...
NYSE:WMT We can see 130+ by the end of the year or the beginning of 2020. (Based on my opinion could be right or wrong , it's your responsibility ).
Looking like Walmart is going to break down to the second resistance into earnings then if it can support at those levels will likely get squeezed to new highs heading into the holiday season.
Rising wedge pattern with RSI bearish divergence & overbought stochastic. A breakdown in price can lead to a $115 price target which is a nice support level & 100% Fibonacci level.
Price on a big trend line and on AB=CD Area Can easily fall to the D point of the small ab=cd (yellow on the photo) Then even to retest the Triangle trendline (Blue in the photo) If price will make last up move we will short 2 at the Orange big AB=CD