100% Gains in Walmart! What’s Next at This Key Level?
Hello readers,
Back in July 2023, I pointed out a major breakout in Walmart (WMT) after years of struggle around the $150-$154 zone. Fast forward, and here we are – Walmart has doubled in price! 📈
Of course, this isn't the raw $300 we might expect because of the 3-for-1 stock split, but the percentage gain remains a solid 100%+ from our entry.
What Now?
Let me know your thoughts – are you holding or booking profits?
Cheers,
Vaido
Back in July 2023, I pointed out a major breakout in Walmart (WMT) after years of struggle around the $150-$154 zone. Fast forward, and here we are – Walmart has doubled in price! 📈
Of course, this isn't the raw $300 we might expect because of the 3-for-1 stock split, but the percentage gain remains a solid 100%+ from our entry.
What Now?
- $100 is a round number, and historically,
WMT has reacted to these psychological levels. The market has started to range in these level, suggesting some hesitation. - Taking partial or full profits could be a smart move – but as always, the choice is yours!
- This is just a reminder and a heads-up to stay aware of price action. Trade smart! 💡
Let me know your thoughts – are you holding or booking profits?
Cheers,
Vaido
🔍 Follow my in-depth research on Substack:
👉substack.com/@vaido - ENG
👉substack.com/@vaidoveek - EST
📊 Technical Analyst | Market Insights & Strategies
🚀 Actionable market analysis, investment ideas, and educational content
👉substack.com/@vaido - ENG
👉substack.com/@vaidoveek - EST
📊 Technical Analyst | Market Insights & Strategies
🚀 Actionable market analysis, investment ideas, and educational content
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
🔍 Follow my in-depth research on Substack:
👉substack.com/@vaido - ENG
👉substack.com/@vaidoveek - EST
📊 Technical Analyst | Market Insights & Strategies
🚀 Actionable market analysis, investment ideas, and educational content
👉substack.com/@vaido - ENG
👉substack.com/@vaidoveek - EST
📊 Technical Analyst | Market Insights & Strategies
🚀 Actionable market analysis, investment ideas, and educational content
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.