Walmart - 30d expiry - We look to Buy at 154.33 (stop at 150.33) Price action continues to trade around the all-time highs. Trading within a Bullish Channel formation. We look to buy dips. The primary trend remains bullish. Trend line support is located at 154. This stock has seen good sales growth. Our profit targets will be 164.33 and 166.33...
Triangle previously broken through on Jun 12. After that, the price didn't go upward immediately, but retested (again!) the upper line to show rebound on Jun 30. This provides another opportunity to long this stock. Let's see if it will pass the 1-yr record high ($160.7) soon. Target set at $197.
If you haven`t bought WMT Walmart here: Or sold it here: Now Analyzing the options chain of WMT Walmart prior to the earnings report this week, I would consider purchasing the $155usd strike price Calls with an expiration date of 2023-7-21, for a premium of approximately $4.10 If these options prove to be profitable prior to the earnings release, I would sell...
Walmart - 24h expiry - We look to Buy at 139.11 (stop at 134.61) Levels below 140 continue to attract buyers. The primary trend remains bullish. This stock has seen good sales growth. Preferred trade is to buy on dips. A higher correction is expected. Our profit targets will be 150.11 and 152.11 Resistance: 150.00 / 151.12 / 153.00 Support: 148.15 /...
Walmart - 30d expiry - We look to Buy at 138.44 (stop at 133.86) Levels below 138 continue to attract buyers. The medium term bias is neutral. 138.27 has been pivotal. Preferred trade is to buy on dips. The stock is currently outperforming in its sector. Support could prove difficult to breakdown. Our profit targets will be 149.88 and 152.88 Resistance:...
Technical Side The stock tested and confirmed its 6-month support price at 142/share, which could give us a potential upside to its new high which is 154.
Looking at the WMT Walmart Inc. options chain after the earnings, i would buy the $145 strike price Puts with 2023-1-20 expiration date for about $3.65 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%. Looking forward to read your opinion about it.
Walmart(WMT) is in a no trade zone. We need to wait for the stock to show us some direction. The trend based on the last 2 months shows upside, but the way the stock has fallen into the support area(130-133) doesnt look good. If the stock moves above 133, we can go long with a price target of 143 and a stop loss of 130. If the stock moves lower than 130, we can...
$WMT is reporting earnings this week and we are looking to buy and hold! There is a gap to be filled @$147.50 area! This move is an easy +10% trade. Wait for confirmation set parameters and let the trend & volume accumulate!
This chart shows three things. First, the candles show how Walmart performs relative to the broader market (S&P 500 ETF - SPY). Second, it shows how that ratio changes as the unemployment rate goes up (light blue line). Third, it shows the 25-year support line of Walmart's relative performance to SPY (red line). Notice how Walmart's relative performance goes...
In the world of trading, do you know what a Rw/Rs (Reward to Risk) ratio is? if you dont this article will be beyond your understanding. I suggest you read up on Reward to Risk ratio & come back to read this. If you do know what a Rw/Rs ratio & assume most of you do, we can continue our merry trade discussion ;D My Rw/Rs ratio for Swing trades that i take on a...
Walmart Oversold - Bullish Divergance on the 1 hour time Frame
as you can see there is a triangle on walmart so its a GREAT time to open a long
Hello friends, today I am completing a technical analysis on the 1D linear scale chart for Walmart Inc. (WMT), a retail company traded on the NYSE. In the chart I noted: 1) The WMT price has been moving in an ascending triangle since December 2020 with the first bottom trendline touch in March 2021. The bottom trendline has been respected two times with the...
Stock only Going through Timewise Correction on daily timeframe....Can go long after breaking 145 for target 200 with SL 135
Entry price: 135-137$ Target price: 143-145$ Keltner Channels: The price below the lower band. RSI: Indicator is approaching 20 level, thus the market is oversold. Conclusions: RSI and Keltner Channels suggest that trend reversal might occur in the near future. Therefore the long position is recommended in the support zone. No financial advice.
Entry price: 144-145$ Target price: 150-151$ Stop loss: 142-143$ Bollinger bands: the price is approaching the lower band Candle pattern: inverted hammer Fibonacci retracement: the price is approaching 1 (144,43) level Conclusions: Bollinger bands and candle pattern suggest a trend pullback. Moreover, the price is approaching the Fibonacci level, thus the long...
Walmart’s earnings was spectacular. It reported an adjusted second-quarter profit of $1.78 a share, easily beating forecasts for $1.56, on sales of $141.05 billion, topping estimates for $136.88 billion. It offered full-year guidance of $6.20 to $6.35 a share, above the consensus for $6.02. Walmart said it’s taking share in groceries and that same-store sales rose...