WALMART INC NYSE:​WMT

Pretty straight forward wave count

Well this is just my own opinion about this stock.

Unfortunately Walmart is not Amazon and nobody should expect its stock to rise by buying a loss making company in the name of growing market share. Walmart's acquisition of Flipcart ( Indian online seller like Amazon ) is a lottery for Flipcart's owners and headache for Walmart's share holders. Important question is how can one compete with a company which ...

keep an eye

WMT bull div presents buying opportunity. WMT is 25% below all time high, a pullback that has occured with little or no upward mean reversion. Following our MACD and RSI bull div on the daily I expect to see some upward mean reversion here. A tight stop presents itself below local lows where there is very little volume. Target is 23% FIB/daily volume profile ...

lot of buying signals

Amazon is no sleeping giant, Amazon took up 44 percent of all U.S. online retail sales in 2017 — and 4 percent of America's total retail sales — according to data released by One Click Retail last month. Although Amazon looks like it will take over the world, the Idea that there will be no competition is not realistic. Walmart is a very consistent company with ...

Notes are in the graph. GLTA

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Traded below and back above previous 20 day lows today. A close above those lows (81.95) sets up a short term reversal to the upside. Trading below 81.95 cancels the trade. Use trailing stops (as always)

Strong support hit and bounce. Should see re-test if continuation, and if that is broken, the next areas are possible support zones.

Maaannnnnn you know, I like $WMT. After taking this type of beating from the flipkart deal though, I'm not too sympathetic. At all, really. Maybe the interest in flipkart came after $AMZN reported 105% growth in India's e-commerce last year; maybe it's the fact that flipkart is the next biggest competitor. $AMZN has its foot in the door already, so what $WMT would ...

Walmart's earning reports are due within a week and they are coming up as close competitors to Amazon. They recently acquired Flipkart in a needy but brilliant move to try taking more control in the emerging e-commerce market. Given that they were positively skewed to the left and are now facing a negative correlation, it may not look good. However, the recent ...

Many believe India and China are the future of retail. Wal-Mart seems to agree, and on 5/9 announced a $16 billion USD bid for a 77% stake in Flipkart, India's premier online retailer. Wal-Mart paid up to beat out Amazon for this exposure to Asian retail. Will it be worth it? Luxury retail is in great demand but everyday retail is struggling, especially in the ...

Looks like it could go up to touch the top trendline. Has touched bottom and reversed on the 15min chart.

I think WMT has hit good support and it's a buy a this level. Seems to have been in a channel for the last couple weeks. 88.54 is a good profit taking spot as the 200 MA is acting as resistance. Buy low, sell high play.

The signal lines.

#WMT Perfect Buy candidate