WALMART buy signals on D1.Walmart (WMT), D1: Support line + Mirror level + Hammer + Hidden divergence
WMT
ORACLE SPECULATION $60 BILLION (TIKTOK DEAL)ORACLE SECURES DEAL WITH TIKTOK JUST AS TRUMP BAN IS INITIATED. TIKTOK NEW VALUE REPORTED TOWARD $60 BILLION.
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The stock currently sits below a possible future support at $60.5, Moving forward we need a break and close before I even think of entering.
Watching the orange trend lines as support and resistance, it holds strong on the weekly timeframe .
Possible buy on a break and hold of resistance @ $60.5.
Upside targets: $$63.63, hold beyond at your own risk
Possible Short Entry if break and hold below $57
CAUTION: I hate playing news, this Tiktok bs is getting out of hand. Play at your own risk
DotcomJack | Michael Jordan of Stonks
WMT Short divergence + Elliot waveOn my previous idea, my wave count was correct on the 1H chart, the motive was a downtrend.
To add to the confirmation of a trend, there is a bearish divergence and towards the lowest prices we see 2 key areas of support/resistance.
My corrective waves were placed on these supports and I extended the 3rd wave, following the downtrend.
With this recent high price, evidence suggests price wants to fall to the previous area, a good opportunity to short.
Manage your own risk please :)
WMT and SPY love each other?WMT for Friday, September 11, 2020
SPY and WMT seem to be synchronized, so we have SPY here for reference.
(faded blue line)
Large fib is for the dip, showing it went down to the 1.618 line.
Seems like that may be the end of the drop... hopefully.
Small fib is for potential target zones for short term.
Breaking the 0.5 would be nice to confirm retracement.
Heading to 1 would be nice, 1.272 - 1.414 are my favorites.
We are currently in what appears to be a descending channel.
Hopefully we break out bullish and above the 0.236 line @ $137.87
Good luck!
WMT chillinEntering a period of consolidation, hopefully a nice sandbox to play in. Keep a tight stop if the broader market drags this down with it.
E: 143 +/-1
T1: 157.14
T2: 162 (no signs of weakness)
S: 140.6
WMT - Neutral with 30% Long vs 60% Short and 10% SidewayWMT is in a downtrend.
On M15 and H1 form Bearish Flags.
It is likely that the price will increase slightly then continue the downtrend.
Target increased to the zone of $ 145.50.
Target dropped to $141 and $138.68.
Do not open any position at this time!
Disclaimer
Walmart Final Motive Wave $WMTWalmart current price: $142.83, entry price: $135.42 , stop price: $132.50, target price: $161.80. Seeing an incredible risk reward ratio setup with high probability in my opinion. I have little interest in shorting unless I can get puts around $147. Expecting powerful final 5th wave, of the 5th wave diagonal, of the extended 5th wave of this 5 year bull rally of WMT. Most optimized play would probably be $165 calls with Jan '21 expiration.
If WMT Gets TikTok Going to $145-$155 IMONot trading advice.
But in my opinion $145-$155 in play for WMT near term.
WMT
WMT BUY OR LONG , TARGET UP TO $150 WMT confirms Pennant bullish at $135, target target to $150.
WMT buy : $135
WMT target : $150 +-3
Stop loss : 6%
Wish you a good deal!
Potential head and shoulders pattern for WMTNoticed a potential for this pattern to play out. Watch over the coming days to see if the neckline is broken leading to new lows for WMT
$WMT Flirts with a Key Breakout Failure PotentialWMT flirts with a meaningful "failed breakout" after strong earnings from it and Target in recent days. What's the next catalyst here? Tough to say.
If you are long and this catalyst-driven breakout fails, how do you not take something off the table?
Walmart is expected to make big move post earnings $WMT BullishThis is a very easy long. Walmart ($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 above $130 and FOMO buying came aboard. After a bit of correction, it is expected to break out of its previous top and make new highs on strong earnings. There was no post dividend dump. $140 is an easily reachable target post earnings.
