Average Surprise on Earnings (Past 5): Very Negative
Average Price Movement on Earnings (Past 5): Negative
*continued struggle for retailers
*Expecting triple top in RSI and price at $104
*WMT should retrace back toward $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...
A strong and stable stock with an impressive performance so far. We believe that this trend will continue with all the good technical points.
The goal we set is the last peak of WALMART was on January 26 where it will create a strong double top pattern.
Entry Price: 98.92
Take Profit: 105
Good Afternoon everyone,
I've been using a couple of indicators for a while now and I decided that from the graph here that if Walmart Breaks out towards the top it seems like it will run to the top and test new areas.(monday)
Of course TA isnt the only thing that affects the stock, news to horoscopes can affect the market. Remember to just do your own research...
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 :)
Posting for a friend.
I believe the S&P to struggle this week, nearing resistance and a key level. Unlikely to find a lot of buyers resulting in a sharp price drop, but to where? when?
Markets seem to become more and more predictable, is that me, or is that society catching up to the basics that is 'trading' - the analysis of the flow of money, it's . . ....