WMT can see a $10 push - Holding on resistance and consolidating - Edge of Wedge - Ave low RSI - Long on confirmed break of 141.01 - On rejection can move down to 136 levels
WMT 1HR CHART... WMT looking nice for a recovery play to retest ATH and a nice gap fill to the upside. In a steady up trend channel looking to retest that downtrend resistance line and a possible breakout to fill the gap, also currently in a bull pennant, look out for a gap up and retest for an entry if it does.
great activation for a bat pattern (at least bat if not alternate)
This is not a recommendation to buy or sell. Based on the chart I had from last week, WMT is following my prediction so far. Nice dip today to filter through any weak hands and opportunistic. Based on the volume pick-up going into EOD, I'm seeing bullish signs towards the next fib level with a price target of$138. Like and comment if you agree.
Long term this stock has plenty of room to make it back to the highs, which I believe it will by the end of 3rd quarter, and as it builds out its e-commerce and digital ad's business further, investors will see the true potential of Walmart as a platform and not only as retailer.
It seems that WLM share price will likely rise right after the ERs. Even though it has been trending downward over the past few months, the situation may be reverse if it hits the neckline of the potential head and shoulders pattern pictured above. Feel free to share your thoughts.
WMT $150 CALL 1/22/21 @ $110 AVG DCJ | Trade Idea Not Financial Advice
Here is a well defined risk to reward ratio, Walmart has been doing great with holding the trendline and the upside is healthy. with more covid-cases I can see their online sales getting another boost. So what do you think? is it a good set up for entry ?
WALMART Ready for a Quick PUMP RALLY!
Walmart is bouncing off the 50 MA, if it holds, this be a good entry for debit spread. 147-153 call debit spread be a good play on this idea. Follow my free trades on our fb group www.facebook.com
Look to buy near the low range of the rounding formation that I drew. Also, there is horizontal support at $135 and horizontal resistance near $139. If it breaks out, it can make new highs again.
A trend continuation may be coming soon as Walmart looks to be bottoming out. A few more days of this rounding out formation and it should be good for a long. Also note the low volume pull back (not a lot of selling pressure). I am not long WMT yet, just observing. Looking for an entry in mid $135 range. Support at $135 so stop loss would be around 134 to give it...
The daily chart under review has a whole lot going on, Wmt has been in its broader uptrend since its corona sell off/ rebound. This one shows alot of the breakdowns of price action. Lets put the past 6 weeks under review. The price action has ended in a seemingly cup and handle formation, typically which take around 6 weeks to form, this puts it at the right place...
This is a very easy long. Walmart ($WMT) like Dominoes ($DPZ) did not experience any major dump when the markets crashed and it was one of the first to rally. $WMT was sold off and money flowed out of $WMT into stocks that were crushed in May and June, $WMT consequently dropped below $120. It snapped back above $120 on the announcement of Walmart plus and retested...
📈WMT LONG D1 🛒BUY above = 131.85 🎯Target1 = 134.50 🎯Target2 = 138.80 🛑Stop loss or cancel trade = 127.50 🙈Risk = (3%-5%) #WMT #WMTLONG #BUYWMT
Buy Walmart using three Trend lines yellow, green and red trend lines . Buy at 132.42 price near the green line .Target of 140 around 5% - Yellow line. Stop Loss is the red line around 1.79% @ If it starts breaking the red trend line . You can also take a Short Position when it crosses red line. . Then it can go Down. Also RSI there seems more room for upward...
Walmart is going to be consolidating for a bit around the support that its been hitting but overall Walmart is going upwards, it keeps making higher highs without breaking support easily looks like along for Walmart around the 120.92 support Once the MACD creates a new lighter red candle (bear candle) we can expect an increase of around $8 dollars towards the...