Long

WMT Walmart Bullish Setup

Updated

WMT bullish setup.
1st target 127
2nd target 133

fib support meets bottom of regression trendline meets ema pinch

This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.

Good luck, happy trading and stay chill,
2degreez

Note

Trade active

Bought WMT 17JUL20 125c 2.86

Note

WMT, what can I say? It has been blah. These calls are down 48% and I would normally cost avg down or sell all here but I will ride it out a bit more to see if it drops to 117 or can get back to 121 before addressing this trade.

Note

WMT is now setup on the DAILY. 200ema/fib support. It has been a real unimpressive stock and trade and WMT will be one of the stocks I add to my personal list of, 'Think Twice Before You Trade It'.

Added to my position @ 1.14 17JUL20 125c

Trade closed manually

SOLD ALL OPTION - POSITION IS FLAT 17JUL20 125c @3.30

Took a lot of patience and some avg down but it worked.

UnknownUnicorn7216011

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