Walmart Inc.Long
WMT bouncing from demand zone to 145-150 again
Updated
WMT is a defensive stock, which could be a great Buy in uncertain conditions of the market. I see it could climb back to 145-150 in a couple of weeks.
Entry price - 137
Target - 145-150
Stop-loss - 134
Position size - 5% of the capital
Period 4-6 weeks
Entry price - 137
Target - 145-150
Stop-loss - 134
Position size - 5% of the capital
Period 4-6 weeks
Trade closed: target reached
The supply zone is at 152-155, so I'll suggest closing the position. Target reached perfectly.
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