Walmart (
WMT) has earnings coming up tomorrow, and I’m eyeing two potential trade setups depending on how the market reacts.
Bullish Scenario: If Walmart pumps post-earnings, I’m targeting a move up to $115. Momentum could easily carry it to this key resistance level.
Bearish Pullback & Reversal: If Walmart sells off on earnings, I’ll be looking at the $96 area as a strong level for a long entry. This zone has historical significance and could provide a solid buying opportunity.
Earnings moves can be unpredictable, but these two levels give me a clear game plan.
Let’s see how it plays out!
What’s your take—will WMT rip or dip?
WMT) has earnings coming up tomorrow, and I’m eyeing two potential trade setups depending on how the market reacts.Bullish Scenario: If Walmart pumps post-earnings, I’m targeting a move up to $115. Momentum could easily carry it to this key resistance level.
Bearish Pullback & Reversal: If Walmart sells off on earnings, I’ll be looking at the $96 area as a strong level for a long entry. This zone has historical significance and could provide a solid buying opportunity.
Earnings moves can be unpredictable, but these two levels give me a clear game plan.
Let’s see how it plays out!
What’s your take—will WMT rip or dip?
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Our Beginner Options eEbook: findbettertrades.com/beginner-options-guide?utm_source=tradingview&utm_medium=tradingview+profile
Free Telegram Channel: t.me/findbettertrades
Free Telegram Channel: t.me/findbettertrades
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.