WMT
WMT - STOCKS - 27. OCT. 2021Welcome to our Weekly V2-Trade Setup ( WMT ) !
-
4 HOUR
Bullish turnover and break above main sr level.
DAILY
Looking for more bullish pa!
WEEKLY
Great market structure..
-
STOCK SETUP
BUY WMT
ENTRY LEVEL @ 147.82
SL @ 139.80
TP @ Open
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
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
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
$WMT Wallmart is in downtrend$WMT Wallamrt is in downtrend.
Analysis:
- Wallmart is in downtrend from Resistance
- Wallmart is currently $144
- An RSI Divergence occured last week
TAKE AWAY:
- WATCH for the mid level support, if it breaks expect the stock to lower to Support
- If Wallmart bounces off the mid support it will rise to resistance again.
WMT shortEntry price: 150-152$
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
#WMT: Buy the dip...There is a monthly and weekly uptrend in $WMT, and I like the reward and odds here vs the risk. I'm long using long term OTM call options here (June 2022 $165 calls), risking a palatable amount on call premium. Doing this, you can look into selling shorter duration calls periodically, or going short stock against the position to try and make the trade risk free. It's a good strategy if you have a knack for trading, while riding a big trend.
I like the fact that Ray Dalio recently lost a big pension fund from his list of clients, and one of his top holdings is $WMT...as a bit of contrarian color. Alternatively you can trade this one with shares, as a long term position with no stop, it should work if it holds over $142-140, the signal implies a rally over $167 by May 2022, perhaps can reach target #2 at $198.
My last trade was the yellow box you see on chart, a daily signal which generated a bigger monthly trend trigger. This entry now is the optimal entry to rejoin the trend (near my original entry). I sold the shares near the highs already.
Cheers,
Ivan Labrie.
$LYV Live NationWe should get a nice push to $123 and see some nice gains. Well above both the 21MA and the 200EMA and with the volume divergence shows the bulls still have control and should push through. RSI will easily push well into the overbought zone on news of Walmart being added to the executive board.
THIS IS NOT FINANCIAL ADVICE! THESE ARE ONLY MY PERSONAL THOUGHTS AND OPINIONS AND MAY NOT BE USED FOR ANY OTHER PURPOSES.
WMT longEntry price: 144-145$
Target price: 150-151$
Stop loss: 142-143$
Bollinger bands: the price is approaching the lower band
Candle pattern: inverted hammer
Fibonacci retracement: the price is approaching 1 (144,43) level
Conclusions: Bollinger bands and candle pattern suggest a trend pullback. Moreover, the price is approaching the Fibonacci level, thus the long position is recommended with the stop loss under the resistance level.
No financial advice
WMT Daily TimeframeSNIPER STRATEGY (new version)
It works ALMOST ON ANY CHART.
It produces Weak, Medium and Strong signals based on consisting elements.
NOT ALL TARGETS CAN BE ACHIEVED, let's make that clear.
TARGETS OR ENTRY PRICES ARE STRONG SUPPORT AND RESISTANCE LEVELS.
ENTRY PRICE BLACK COLOR
TARGETS GREEN COLOR
STOP LOSS RED COLOR
DO NOT USE THIS STROTEGY FOR LEVERAGED TRADING.
It will not give you the whole wave like any other strategy out there but it will give you a huge part of the wave.
The BEST TIMEFRAMES for this strategy are Daily, Weekly and Monthly however it can work on any timeframe.
Consider those points and you will have a huge advantage in the market.
There is a lot more about this strategy.
It can predict possible target and also give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
START BELIEVING AND GOOD LUCK
HADIMOZAYAN
WALMART Daily TimeframeSNIPER STRATEGY
This magical strategy works like a clock on almost any charts
Although I have to say it can’t predict pullbacks, so I do not suggest this strategy for leverage trading.
It will not give you the whole wave like any other strategy out there but it will give you huge part of the wave.
The best timeframe for this strategy is Daily, Weekly and Monthly however it can work any timeframe above three minutes.
Start believing in this strategy because it will reward believers with huge profit.
There is a lot more about this strategy.
It can predict and also it can give you almost exact buy or sell time on the spot.
I am developing it even more so stay tuned and start to follow me for more signals and forecasts.
wmt wave 5 setupwallmart recently put in a smaller degree wave 3, and just finished a wave 4 correction. it was a pretty deep wave 4, but it fits the picture nicely.
so long as the price doesn't violate the top of wave 1, we should see a nice move up to complete this final fifth wave.
wave 5 target = $156
Walmart To Dropping Quarterly Bonuses, To Increase Wages...Good, baaa... nevermind or just ugly??? So employee wages getting ready to increase so why isn't that good news for Walmart? In my opinion this minor employee benefit comes off the "backs", I say that sarcastically, of these "hardworking" multimillion dollar babies. So there is the ugly coming right from it's won company. Where employee wages should come as a morale boost and a potential push we see the babies selling off.
LIKE, FOLLOW, SHARE.
THIS IS NOT FINANCIAL ADVICE.
WMT - REMAINS A BUYLooking for WMT to continue to push higher into this wave 5.
Resistance: 148.60 and 157.20
PT for this leg up for me is 176-177.
Volume remains bullish as Friday selling failed to close below Thursday low and was less than the relative volume from the buyers on Thursday. Also, we got a nice wick up candle from Friday low that signals the bears are still relatively weak in comparison to the bulls.
deep esotericism $WMTif we are to look at a sizeable nine-figure gub contract for turning certain locations into FEMA camps for the unvaccinated, then we should expect the market to price in both the extra liquidity provided to the small-scale american business owned by the Walton family and the kiss of the state from said gub contract all together most rapidly, and with a 2.88 IV percentile at entry, who can think of a better setup to pay attention to for this fiscal quarter into the holidays!