Looking good for a possible longBouncing off the trend-line with strong bullish candle(s). Possible long!Longby philstodd84115
About to break downtrendLets see if it can break the downtrend channel, right at the resistance.Longby tradingbulls26
Walmart short with target $100Walmart's is cash flow is not good and it has very strong competitor - Amazon. Amazon had a good quarterly report and I expect WMT report will show it weakness.Shortby andr834
WMT a good buy for a long hold, perhaps...WMT at a good price for a long buy. Might be in the consolidation stage. Longby Jandredlr7
Stop loss got hit but I am re shorting thisDifferent calculation but still shows a short. Shortby AlexCar7
WMT - Short Idea, Cont'dI posted this idea back in November. We are seeing the downside desired, I will be looking for a long at the highlighted areas. (Walmart is such a legacy buy) This stock has shed $5 / 4% +/- a share since I have posted the idea. I have alerts set in TradingView to capture moves that I don't watch on a daily basis. Great feature! by MattArmstrong3
WMT 15.01.20 LongAsset and Time frame -WMT,1H Entry Price -115.24 Exit(Stop Loss) -114.03 Exit(Take Profit) -119.24 Technical Analysis - Hourly chart created an ABCD pattern on the -61.8 Fibonacci level with an engulfing candle for reversal with nice volume What can be improved - Conclusion & End of Trade -Longby AviranyUpdated 7
Walmart: Buy OpportunityThe price bounced from the uptrend line and moved upward. RSI confirmed the price reversal. MACD histogram confirms a possible upward movement. The price could break the local downtrend line. It gave us a bullish signal in the direction of the main uptrend. Entry Price: above 116.80 Stop Level: below 114.15 Profit Level: at 121.95 Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading. Longby DLavrov51
WMT potential reversal and rally leading to earningsWMT has been on a downtrend for quite a while now but now it is finding support in 114.5 area going through a consolidation phase. After two failed attempts to break downtrend last week ( albeit on low volume days), it now has three touches off support and decent accumulation at these levels. The chart is forming a descending triangle pattern near support so one in two things can happen, 1) Support of 114.5 is broken resulting in bearish continuation breaking out of the triangle to 110 support.OR 2) Support of 114.5 holds and we break above 116.10 with good volume for a bullish reversal out of the triangle. Out of all the overvalued and overextended stocks out there, WMT is a cheap buy since it has good upside potential. Retail data was good but the sector lost momentum due to Target's disappointing holiday numbers. AMZN and WMT numbers may tell us the whole story when they report earnings. I'm bullish as long as support holds. #WMT #AMZN #TGT #EBAYLongby Unraveller5
Walmart (WMT) Stock Technical Analysis and US FED FundamentalsTechnical Analysis of WMT: (1) RSI oversold (2) Gap window filled (3) Support right at the gap (4) Fibonacci support at the gap (5) MACD extremes (6) MACD Histogram Diverging (7) eDuRd strategy 2 (8) Slow stochastics came down into oversold territory (9) I like 90 and I like 84. T echnical Conclusion: Long WMT Fundamental: Today is December 17, 2019. The US Fed comes out with an interest rate decision on December 19, 2018. I believe that the Fed will raise rates yet be neutral. Given that Powell switch is view from being hawkish to dovish earlier in December 2018, which was a shock to the markets, it is possible that while raising rates that the FED can also be or somewhat dovish. If so, the US FED will change their "Economic Projections." This change in their projections will signal to investors that there will be lower expectations of rate hikes going into 2019. Aside from this, and given all of the evidence we have at hand regarding the US economy ( without going into too much detail about it ), there is no reason to believe that there should be another 2008 financial crisis or another 2000 bust in the year 2018 - 2019. Fundamental Conclusion: Actions speak louder than words! If we can trust the US Fed's decisions without too much speculation and doubt, a FED raising rates could signify their belief in a strong economy. A FED raising rates while being neutral or dovish could mean: "This is just enough and were we want to be for a while. Let's play it by ear." Further thoughts and words: Does that mean that WMT will go up? No! I don't know why I chose to write about the US Fed with this stock pick regarding WMT, but I did. A rising stock market could induce buyers to come back into WMT's stock and other stocks, such as PGR, INTC, UNH, NSP, INTU Longby RocketmanUpdated 1
WALMART - Short Idea. Firstly, I like Walmart. I think they do well in times of hardship, which I see heading this way, a slowing economy, people tend to find the cheaper options, enter WMT . Saying that: 1. I see a high wave candles on the weekly and monthly charts. 2. I see and RSI that is overbought on the Monthly chart 3. MACD divergence . 4. Earning that were higher than expected but then failed to close higher (a warning sign indeed) 5. Alert set on trendline, I'll wait for confirmation in my areas of interest. I will be keeping my eye on this chart, I would be happy to long this equity, but I would be seeking a better entry, now is not that entry in my opinion. Lets see where this goes. -Happy TradingShortby MattArmstrongUpdated 4
WALMART (WMT): Expecting Bearish Impulse Walmart has recently reached a resistance line of a rising channel on a daily. on 4H the market has formed a head and shoulders and broken below the neckline. I believe that now we can expect bearish continuation. initial target level is 110.0 second target is 104.0 Shortby VasilyTrader3346
Rinse and Repeat action on WMT Looking to play the weekly 117 strike for this week as well as 120 calls 1 month out to play a run up prior to earnings. This has happened in the past and will continue to happen, as Walmart just opened new stores in Mexico their international growth will be the major driver in 2020. These are just my thoughts, please do your own research and consult with your financial advisor prior to making any significant financial decisions. Longby ForexMonkey15
WALMARK going to retest the high or has it reached resistance?SHORT - WMT SL: 123.41 (Suggested by our algorithmic system) TP: 118.08 (Suggested by our algorithmic system) Reasons behind this idea: 1. Price reaching resistance zone 2. Accum/Dist indicator suggesting the stock is going into a distribution phase Trade idea from our mobile app: (Timestamp is in Australian Sydney Time UTC+7) Please trade responsibly and good luck! ---------- Chart Drawings ---------- Blue Dotted Line: Broken Support Trendline Red Dotted Line: Broken Resistance Trendline Blue Solid Line: Support Trendline Red Solid Line: Resistance Trendline Blue Rectangle Box: Support Level Red Rectangle Box: Resistance Level Blue Arrow Line: Bullish Divergence Red Arrow Line: Bearish Divergence Red Shade Box: Suggested Stoploss by our algorithmic system Green Shade Box: Suggested Stoploss by our algorithmic systemShortby TradeDayOnlineUpdated 4