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Walmart

$WMT Bearish FOMC Setup 1/6/2022$WMT had a parabolic run up on 1/4/2022 with little to no consolidation. Elevator up means elevator down. It is also about to break back into the triangle trend it was forming. Also Dec 16-17 $WMT fell almost $8 and can also be considered a gap fill for $WMT coming back into trend, as shown by the green boxes. This play is puts under 143.60 (risky) or 143.00 (safe) for confirmation of downtrend break. Sell would be when $WMT touches support lines with only runners after that. $SPY confirmation is encouraged but not necessary because $WMT tends to move on its own.
NYSE:WMTShort
by BroccoliGiraffe
Walmart's Next Stop All Time HighsHello friends, today I am completing a technical analysis on the 1D linear scale chart for Walmart Inc. (WMT), a retail company traded on the NYSE. In the chart I noted: 1) The WMT price has been moving in an ascending triangle since December 2020 with the first bottom trendline touch in March 2021. The bottom trendline has been respected two times with the second touch in October 2021. 2) The price is currently looking bullish based on a few indicators noted below. The price has potential to increase 5% or greater and make a new all time high. 3) The 21 Day EMA is hovering at the current price and the price is making an attempt to break it. 4) The Volume looks consistent with prior months. 5) The RSI is respecting the bottom trendline forming a Rising Wedge pattern. There is potential for the RSI to move higher as it recently completed a Double Bottom off of the bottom trendline. 6) The Stochastic RSI (Stoch RSI) is moving out of the oversold region with potential to create a double bottom or move directly higher. If it goes back down to create a double bottom, price may consolidate for a bit before moving higher. 7) The Money Flow Indicator recently exited the oversold region and headed higher. An example of the MFI reaching oversold region is shown in March 2021. 8) The Fibonacci extension showed the price recently re-tested the 0.382 level and currently entering the Golden Pocket (0.618-0.65). What are your opinions on this? If you enjoy my ideas, feel free to like it and drop in a comment. I love reading your comments below. Disclosure: This is just my opinion and not any type of financial advice. I enjoy charting and discussing technical analysis. Don't trade based on my advice. Do your own research! #cryptopickk
NYSE:WMTLong
by MillionaireEconomics
Walmart (WMT) - A Potential Pullback to About $130?Hello all, Walmart is showing a clear double top formation and has gone under its 20 week SMA. In the last few years, this has signaled a pullback of about 10% being in the cards, though I have circled in bright green 3 incidents where this did not take place. The double top formation, the historical trend, as well as the recent strength of tech stocks, and the inflation scares leading to a weakening of performance in retail/consumer stocks all lead me to believe that a pullback to $130-$135 is highly likely. All the best, Jason
NYSE:WMTShort
by JasonMP91
My outlook over the Walmart stock My outlook over the stock ▪️From a Technical Perspective, there might be 2 entries, as marked on the chart. It will depend on what type of trade you are getting in - is it an underlying asset or CFD, is it short or long-term trade, and so on. Price mice drop as it did previously to a point which I've marked as Entry #2, but it might not even go there ▪️Fundumentaly speaking According to history, WMT did great during the high inflation period in 1978-80, while the whole $DJ30 was down 20% From the last Earnings report company reported great numbers, but more importantly, they assured us that shelves are stocked up and Walmart is fully ready for Thanksgiving and Christmas. The supply issue is the number one concern nowadays in the general market rather than inflation. We all know according to numbers that the average American spends around 30% more compared to previous years, meaning we should expect great numbers for the upcoming earnings reports. I'd recommend holding the stock for the long or mid-term, but it might give us a great opportunity for the short term as well. Good Luck Fellas ☮️
NYSE:WMTLong
by DuDuOnAir
WMT shortEntry price: 150-152$ Target price: 135-137$ Stop loss: 153-155$ Chart pattern: double top - the price formed the second top, thus the price reversal is very likely Candlestick pattern: bearish engulfing RSI: approaching 70 level, therefore, the price is almost overbought Conclusions: the chart pattern, candlestick pattern and RSI suggest the trend reversal in the near future. Thus, the short position is recommended with the stop loss above the resistance level. No financial advice
NYSE:WMTShort
by vf_investment