Walmart Inc.Long
BUY OPPORTUNITY
INSTRUMENT: WMT
Buy Price: $90.09
Stop Loss (SL): $88.86
Take Profit (TP): $93.58
Risk-to-Reward Ratio: 1:27
Strong Demand Area: The price is hovering around the area between $90.28 and $88.91, which has been identified as a strong demand zone. This is where buying pressure is expected to emerge, making it an ideal spot to enter a long position.
Target TP: $93.58 is the target price, as it aligns with a strong supply zone, where the price is likely to face resistance.
Earnings Report: Walmart is scheduled to announce its earnings on February 20, 2025. The company is expected to report an EPS of $0.64, showing a 6.67% year-over-year growth.
Revenue Expectations: The consensus estimate for revenue is $179.28 billion, representing a 3.4% increase from the same quarter in the previous year.
Outlook: Positive growth expectations indicate potential bullish sentiment leading up to the earnings release, which could support the trade direction.
Buy Price: $90.09
Stop Loss (SL): $88.86
Take Profit (TP): $93.58
Risk-to-Reward Ratio: 1:27
Strong Demand Area: The price is hovering around the area between $90.28 and $88.91, which has been identified as a strong demand zone. This is where buying pressure is expected to emerge, making it an ideal spot to enter a long position.
Target TP: $93.58 is the target price, as it aligns with a strong supply zone, where the price is likely to face resistance.
Earnings Report: Walmart is scheduled to announce its earnings on February 20, 2025. The company is expected to report an EPS of $0.64, showing a 6.67% year-over-year growth.
Revenue Expectations: The consensus estimate for revenue is $179.28 billion, representing a 3.4% increase from the same quarter in the previous year.
Outlook: Positive growth expectations indicate potential bullish sentiment leading up to the earnings release, which could support the trade direction.
GODO Capital Markets
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.
GODO Capital Markets
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.