TGTTarget is trading below value as we see rotation of the point of control lower; however, bulls have clearly established support noted on volume profile. Looks like a good long and short swing.
WMT
WFM: Potential double bottom ahead of earningsWe have an interesting setup here. We can try a pair trade where we'd short WMT and long the same amount of WFM, or we can simply go long WFM, either buying stock or trading bullish option strategies ahead of earnings.
If trading stock, you can use my suggested stop loss location.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
WMT: Picture perfect long setupWMT is offering a very nice entry, after forming a new weekly mode, which implies the strong uptrend is seeing reaccumulation at higher levels.
I'm looking to enter longs at market, at the open, ideally on retrace to the mid point of the green triangle on chart.
Stops should be below 67.40, for example at 66.51, or using 3 times the daily ATR.
Yield is very nice and I think the stock is due for a 11%+ rally still.
Good luck if taking this trade.
If interested in my trading signals, or in personal tuition, contact me privately. I'm offering a considerable discount on a packaged course which includes access to my private trading signals list for a year.
Cheers,
Ivan Labrie.
Watching Wal-MartLooks like this may bread out to the upside.
Bullish momentum divergence.
On watchlist.
Trade Idea #46 - $WMT - Year-Long Downtrend Break?Show me how much Buffet takes care of his stocks.
Hoping to pick some up on a pullback.
Reasons
Broke through dynamic Resistance
Broke 100ma and 200ma
Buyers entering market, lot of bounce potential
Yo fuck target. heh
Good Luck
DOW JONES OVERVIEW: WMT @ MACRO UNCERTAINTY, AT SHORT TERM RISK For WallMart stocks, 2015 was not a good year so far...
Trading between macro means on long term basis, price signalling uncertainty. Price has recently failed 5-year mean at 69 and is now between it and 10-year mean at 60. No trend on macro basis is an outlier, indicating that currently long term institutional investors are unsure regarding this company.
On short term basis WMT is on a risk of further decline, as it is trades below 1st st deviation from mean.
The short term level is above 5 year mean, so as long as price will be trading below 69, it risks to fall onto the 10-year mean at 60
Wal-Mart Potential Diamond Top Breakout, Aiming for $67.50We note that price has been trading along bullish uptrend line, from Aug 2011 to May 2013. However price has been consolidating sideways since June 2013 until now.
We note a possible Diamond Top Formation close to breaking out. The breakout will likely happen after price manages to trade and sustain below 75.00.
The objective of the pattern will be to reach 67.50, by around 22 Oct 2014.
Risk; There is a risk that the breakout will be stalled when it reaches support level at 72.50 and the pattern changes into a rectangle sideways consolidation. This is why partial profit taking at 72.50 might be a good idea.
For more information on the Diamond Top Pattern: thepatternsite.com
Like it, Follow It, Share It~
WMT (Wal-Mart) - a possible long position in near futureA possible long position in WMT in the near future, upon confirmation of bullish trend - (price above Ichimoku cloud, MACD, MA's or your own chosen set of indicators).
It's a well-known consumer brand that pays a high dividend and there has been recent positive publicity relating to this stock in popular financial press - www.fool.com
DYOR.
