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WMT

Grocery Outlet: Weak Quarter, Long-term PlayWhile revenue fell below expectations, Grocery Outlet's earnings skyrocketed ahead of expectations. the company still trades at 1.2x sales and looks to be a medium conviction play. When considering the consolidation in the grocery space in general, as well as FCF for reinvestment, it's worth thinking about the buyout potential for a mid-tier regional looking to expand their footprint. I think of a comparable, Costco ( NASDAQ:COST ) performance has done insanely well this year.
NASDAQ:GOLong
by CrosbyVenture
$WERN Melt to Support + EarningsIt's amazing to dive into companies and see their story visualized by data and charts. Werner Enterprises to me symbolizes one of those great American brands everyone knows about but wouldn't know to actually invest in. A really rough history of being private equity darling and getting levered up to the hilt with debt. Wern now trades at 1.19x trailing sales... Doing $500M per quarter, there is no doubt they will be a survivor of the global pandemic we all know so well. Earnings is the 28th. Stay tuned for talks on business catalysts.
NASDAQ:WERNLong
by CrosbyVenture
WMT Forecast Will Walmart hit $150 a share by the end of the month? In order for WMT to hit $150 by the next 10 trading days is for the bulls to take control of the price. Here are some signals that the bulls are getting ready to run hard. First we can see on the hourly candlestick chart that the green shadow under the latest bear candles is growing. This means bull buying power is increasing. WMT has also fallen greatly below the moving average and should correct itself in the next coming days. Moving Average Convergence Divergence shows that the bears are at peak strength giving hope that they will loose steam in the upcoming days allowing for the bulls to take control. Bollinger Bands are also nearing a low in which a buy signal will be given. ( I will post a new chart when that happens) Finally the RSI on the 1 hour chart is 34.79 nearing underbought territory. When investors see that this company is underbought they will begin accumulating shares to rake in a nice profit. Fundamental Analysis: We are still waiting on a stimulus deal and a deal or no deal could bring WMT to a lower low or create the start of a new bull run that will go right into earnings. Technical analysis is great, but outside factors do have an impact on stock price as well. I am personally an WMT bull and have 6 long calls for it to hit $150 by 12/18/2020, I am currently down 25% on my position. Will give it a week pending stimulus deal and finding that strong buy signal from the Bollinger Bands. What are your thoughts on WMT for the end of the month? Please fell free to comment your thoughts below.
NYSE:WMTLong
by Myantman101
3
Walmart by the Hour With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow to see how my trend line turns out, give a like if you are a Walmart Bull, and finally comment your thoughts if you agree or disagree. Would love to hear your thoughts. Thank you!
NYSE:WMTLong
by Myantman101
Walmart about to reach a higher low Walmart is cruising into earnings, however we are on our way to hit a higher low. I believe some point this week WMT will hit $143 a share. Here's the technical analysis that explains why. RSI: Relative Strength index is at 60 and an average for Walmart is close to 55. With the high RSI we can see price decrease as investors are seeing Walmart being overbought. MACD: Shows that there is growing bearish divergence, bears are getting stronger meaning they might take more control of the stock price. My plan? My plan is to buy Calls on the dip. I am going to purchase 12/18 Call for WMT to be $150 a share. Follow to see my trades, and give a like if you see Walmart growing, and part of growing means hitting higher lows. Comment your thoughts on my analysis, I would love to be critiqued.
NYSE:WMT
by Myantman101
3