WMT is trending up, creating higher highs and higher lows while respecting the black trend line. "looking left", i dont see much resistance until a retest of the all time highs at $110. R/R = 7.5. tight stop loss a new low thats also below support.
100/200/260ma WEEKLY? MASSIVE GAIN INCOMING?
Wal-Mart Stores Inc $WMT shares are gapping higher, lifting up and is moving towards of the uptrend channel.
Could not sustain its H&S breakout, and looks to go lower to build momentum for another move up. Target 97-100.
There is no doubt you should belive in your analysis but it doesn't mean to have no Plan B in Ew method u can count waves in different views depends to big market indices,volumes,market sentiments,multiple timeframes and ... in this chart i show you two models of counting 1.I counted 4th wave as a contracting triangle and its telling us to go short 2.the 4th wave...
WMT - Long if above 100.53. it has been nice with profit and now at resistance making flag. I would continue to long this one if above 100.53
My other position that is not in weed stocks, expiry of March 15th. Only 2 weeks out position if profit is made then I will roll up into the next expiry, WMT loves to play opposite of the market in which is a little shaky at the moment. Goodluck and have fun my great value shoppers :)
WMT moving in a sideway direction and form a triangle pattern. I think the best way to trade it - you can sell when the price touch the triangle upper limit - you can wait until the price break the triangle and buy.
Find Winning Trades In Seconds >> efcindicator.com (Special Discount) The submerged crossing (white bar) indicates a bear flag, which is reinforced with the drawing of the Elliot waves. We have room to get to the next S1 support.
Coin Analyst Investments is kicking of the new year by looking at a long term chart of Walmart (WMT). Over a decade of price action is presented in today’s Walmart Stock analysis with emphasis placed on the bullish price swing from November 16, 2015 starting from a price low of ~$56.36. The current move upwards from November 16, 2015 is highlighted with the use...
Amazon was in the pre-market news today. India has put heavy restrictions on the e-commerce retailers, AMZN and WMT and others. The ruling affects many products that Amazon sells. India’s rules will bar retail e-commerce companies from engaging in an exclusive partnership with a seller. This could hurt Amazon’s expected revenues from India. This dominant...
WMT is approaching our first support at 87.23 (horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 93.14 (horizontal overlap resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching support and...
WMT is testing its support at 90.79 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where price is expected to bounce up to its resistance at 98.04 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is testing its support at 3.5% where a corresponding bounce is expected.
WMT is approaching its support at 90.54 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal overlap support) where it could potentially rise to its resistance at 98.04 (50% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) is approaching support at 3.5% where a corresponding rise could occur.
WMT looks good here for a long via options can be a day trade or swing into next week. Close below 96.75 is bearish, above 97.32 is bullish.
$WMT has retraced back down into support here, and it is an attractive buy for anyone using @timwest's methodology and indicators. I'm looking to average into a long position here next week, buying into support, adding into strength, or even averaging down if we test lower support levels...as long as holding above this zone we're in good shape. There's a 9 week...
Walmart broke out of cup and handle a few weeks ago and has been on a break away run up to now. Earnings coming before market open on Thursday. Could be a long term play for 2019 depending on results.