While revenue fell below expectations, Grocery Outlet's earnings skyrocketed ahead of expectations. the company still trades at 1.2x sales and looks to be a medium conviction play. When considering the consolidation in the grocery space in general, as well as FCF for reinvestment, it's worth thinking about the buyout potential for a mid-tier regional looking to...
Earnings came out, lots of positive news on the e-comm side of things but WMT didn't take off on the upside. From what I see, this is not a good sign plus the stock price needs to take some healthy profit taking. Taking on a short position using Dec 18 Puts
After every Walmart earnings call from the past 5 years has a decline of on average $5 that occurs within a week after earnings call. My method is as follows: A day before I bought a put option on Walmart which expires in 12 days. I will hold this put option for a maximum of one week and wait until WMT stock falls to about $145-$148 per share.
MACD suggests the price could go down lower and follow the red path, and with all the current macro economics it would make sense. However, Walmart bounced off support and with shopping season right around the corner we may see a breakout above the triangle. Bullish in the long-run regardless on the next few days
So far I am 2 for 4 on my WMT daily candlestick predictions. Comment below if you think something different could happen!
Despite the chop, which there will be plenty. WMT should hit $150 a share by the end of October. Trend line shows our range while the arrows represent the chop. For you pure technicals a stimulus deal could effect the timing based on a deal or no deal. If there is no deal, I do not see WMT hitting $150 until mid November. Outside factors do affect the market.
It's amazing to dive into companies and see their story visualized by data and charts. Werner Enterprises to me symbolizes one of those great American brands everyone knows about but wouldn't know to actually invest in. A really rough history of being private equity darling and getting levered up to the hilt with debt. Wern now trades at 1.19x trailing...
Will Walmart hit $150 a share by the end of the month? In order for WMT to hit $150 by the next 10 trading days is for the bulls to take control of the price. Here are some signals that the bulls are getting ready to run hard. First we can see on the hourly candlestick chart that the green shadow under the latest bear candles is growing. This means bull buying...
SNAP EARINGS ARE ON TUESDAY AFTER CLOSE THIS WEEK. THERE IS A 3.5 POINT MOVE PRICED IN. SNAP NEEDS TO HOLD 27.6 TO CONTINUE HIGHER LOTTO TRADE IDEA: 30C BID/ASK: 0.92/0.95
So far I am 2 for 3 on my candlestick analysis for WMT. Lets see what Monday brings!
Follow to see my WMT option trading activity. I will post a new chart with every trade. I will be exclusively swing trading WMT. Chart is provided, feel free to ask questions about the indicators if you are unsure.
With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow...
Ascending bullish triangle on a 4 hour chart. I believe a closing candle above $143-$143.50 and we can fly to $150 by the end of the week.
Looking at the one month chart ( 30 min candles ) we can see that Walmart has hit its highest low putting it in place to reach its highest high. With growing bullish divergence and a low RSI we can expect Walmart to make a swift comeback.
drew this in the morning and watched it trend within the lines all day so I thought id share here. had a note for target of between 146.62 (full break out) and 146.58, i kinda shocked myself how accurate these were. please help me grow by giving a comment, like and of course a sub!
Walmart is cruising into earnings, however we are on our way to hit a higher low. I believe some point this week WMT will hit $143 a share. Here's the technical analysis that explains why. RSI: Relative Strength index is at 60 and an average for Walmart is close to 55. With the high RSI we can see price decrease as investors are seeing Walmart being...