Description WMT double rejection off 150, a decisive close below this level triggers a short position. Using A put debit spread, because profits are always limited by time. Put Debit Spread Levels on Chart SL > 150 *Stops based off underlying stock price, not mark to market loss The Trade BUY 11/26 148P SELL 11/26 135P R/R & Breakevens vary on...
Entry 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...
SNIPER 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...
SNIPER 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...
Entry price: 151-153$ 1st target price: 142.5-144$ 2nd target price: 134-136$ RSI: broke 70 level, the asset is overbought Stochastic: both lines above 80 level, the asset is overbought Bollinger bands: the price is inside of Bollinger bands, approaching the upper band Conclusions: The asset is overbought, approaching strong resistance level around the price 152,...
wmr walmart trading ideas supply n demand trading ideas
Approximately 892,000% in 48 years. Or 18 583% per year. Or 1548% per month. Or 67% per day. And yes it is not Bitcoin. This is a super Walmart Corporation. COINBASE: BTCUSD NYSE: WMT The 3rd wave lasted 24 years and brought a huge return to its investors. Let's get to the point, what is happening now and where are we? In our opinion, the 5th wave began...
Made a weekly trade on WMT, as writing this we seem to be breaking through $126. My play: - WMT $123 Put 5/22 @ $51 per contract. Contract prices are up around the $65 area currently. If we lose this level I don't see premiums getting any cheaper for this play (you missed out). Do not trade this, you will lose money. DotcomJack
High selling volume with breaking support
Stock Symbol: WMT Out of all the blue chips, walmart looks the strongest. Good old Wally world holding up like a champion. Diversify and use 5% stoploss ---------------------------------------------------- We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Use...
Dates in the future with the highest probability for price direction reversals
Walmart is a strong stock that has painted fresh ATH's in the past couple weeks. However, this recent price action has shown considerable weakness: lowered volume, bearish RSI divergences, and an inability to strongly breakout much higher. It seems to be sputtering and in danger of turning over in a rounded top fashion. Candlesticks and wicks on the daily, weekly,...
WMT is approaching our first support at 87.23 (horizontal swing low support, 61.8%, 100% fibonacci extension, 78.6% fibonacci retracement) where a strong bounce might occur pushing price up to our major resistance at 93.14 (horizontal overlap resistance, 61.8% fibonacci extension, 38.2% fibonacci retracement). Stochastic (34,5,3) is also approaching support and...
Walmart's earning reports are due within a week and they are coming up as close competitors to Amazon. They recently acquired Flipkart in a needy but brilliant move to try taking more control in the emerging e-commerce market. Given that they were positively skewed to the left and are now facing a negative correlation, it may not look good. However, the recent...
Please read the description on the chart. As always, trade with good risk management and patience.