WALMART Stock Chart Fibonacci Analysis 022823Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 139/61.80%
WMTD trade ideas
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$WMT with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $WMT after a Negative over reaction following its earnings release placing the stock in drift C with an expected accuracy of 50%.
$WMT Ready for Possible DropHeading into Tuesday, Friday's closing 15- Minute range on $WMT is worth watching.
There should be strong support/resistance at 146, however, I favor the downside from a risk-reward standpoint.
Secondary support can be found at 144.50, giving a fairly clean shot at a 1.50 move to the downside off a rejection at 146.
Walmart in an effort to regain recent losses Shares in Walmart Inc (symbol ‘WMT’) made a relatively aggressive rally in October and November only to lose some of these gains in December until early February. Currently the price seems to be making a correction to the upside but the real question is if this is actually a correction or a new bull run. The company’s earnings report for the fiscal quarter ending January 2023 is set to be released on Tuesday 21st of February, before market open. The consensus EPS for Q1 is $1,51 compared to Q1 2022’s $1,53.
‘Walmart announced recently they are closing down 7 underperforming stores across 3 states. The retail giant is taking measures to be at its prime especially after continuous decline in its share price in the last couple of months.’ said Antreas Themistokleous, an analyst at Exness 'The current ratio of the company (its ability to repay short-term liabilities) is at 93% which is negative news for the investors since a good ratio would be above 100%.
On the technical side the price is trading exactly on the upper band of the Bollinger bands indicating great volatility for the company share and also trading above all moving averages and the daily bullish trendline.
The Stochastic oscillator is moving up but not in the extreme overbought level just yet so a continuation to the upside for the price is very likely. If this is the case then we might see some resistance around the $148 area which is just above the 23.6% of the daily Fibonacci retracement level.
In the case of a move down the first point of support will be possibly seen around the $141 area just above 50% of the Fibonacci and the 100-day moving average.
WALMART. Sees A dip in its FUTUREI am a huge believer non-customary methods using math, geometry, rise over run etc. to find future pricing through patterns. You'll see multiple curves and trend lines trendlines throughout that will make perfectly good sense to you if you use technical analysis. I use some fundamental analysis but nothing other than news related items. As they say by the rumor… Sell the news! Only other methodology that goes into my trading is figure out what you think is a sneaky and logical way for a market maker to manipulate SPY then locate what would be the obvious play spy should… I repeat should move… Then find somewhere in the middle because logic does not go into movement that pays out so much on options :-)… Message if you have any questions I'm happy to entertain them! God bless!!
$WMT break out with a 2-2u continuation$WMT Trade Idea
Calls over $146.12
Target $146.42, $147.86
Puts under $144.51
Target $143.72(gap fill)
Walmart support could prove difficult to breakdown.Walmart - 30d expiry - We look to Buy at 138.44 (stop at 133.86)
Levels below 138 continue to attract buyers.
The medium term bias is neutral.
138.27 has been pivotal.
Preferred trade is to buy on dips.
The stock is currently outperforming in its sector.
Support could prove difficult to breakdown.
Our profit targets will be 149.88 and 152.88
Resistance: 142.00 / 145.61 / 147.86
Support: 138.17 / 135.00 / 130.00
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Wallmark at demand zoneNYSE:WMT
Wallmart taking support at demand zone. If price sustain near 153, 160 will be the next target.
#WMT bullish weekly reversal @ yearly pivotHello dear Traders,
Here is my idea for #WMT
Price closed above yellow line
Targets marked in the chart
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
$WMT: I see only going up from here.Price action seems very bullish.
Divergence of MACD and crossing over of 9ema with 21ema is very bullish momentum.
For Education:
Financial metrics to consider:
Revenue and earnings growth: Walmart has consistently recorded positive revenue and earnings growth over the past few years.
Gross margin and operating margin: Walmart has stable margins, but they are lower compared to other retail companies due to its low-price strategy.
Debt and liquidity: Walmart has a strong balance sheet with low debt and good liquidity.
Economic factors to consider:
Consumer spending: Walmart is heavily dependent on consumer spending, which can impact its revenue and earnings growth.
Competition: Walmart faces intense competition from both brick-and-mortar retailers and e-commerce companies, and must continuously innovate to stay relevant.
Demographic shifts: Changing demographics, such as aging population and increasing urbanization, may affect Walmart's target market and growth prospects.
Please note that the following information is for educational purposes only and should not be considered financial advice. It is important to thoroughly research and consult with a financial advisor before making any investment decisions, including the purchase of stocks.
WMT LongI am bullish on WMT. My trade levels are:
Entry price: $140.39
Take Profit: $154.370
Stop Loss: $135.18
Risk/reward: 2.75
BUY WALMART UNTIL 160 !!Walmart increasing Pay Plus even if is a recesion people will save money and WWalmart is the place to buy and save money just like Coca Cola Doing good even on Recesion !!
good luck
Stay Profitable
Wall Street Analyst Says going to 160 Confirmation !!
Walmart Inc (WMT) 12/27/2022I sold all my shares at a loss today as the stock closed below its support line at 142/share. The stock will likely test 129 before bouncing back up.
WMT - Broadening Wedge - BearishWMT is currently showing an ascending broadening wedge pattern on daily timeframe. An ascending broadening wedge is a bearish reversal chart pattern. Where the upper line is the resistance line and the lower line is the support line. As we can see in the chart that its moves increase with higher magnitudes. This pattern should be traded when the price breaks out of the support line.
In our opinion, it´s likely for the price to retrace and break out of the support line. When the price breaks out of the support line, a short position can be taken and the target can be targeted.
All the details are shown on the chart.
Goodluck!
$WMT Falling Wedge on the daily$WMT Falling Wedge on the daily
Calls over $142
Target $143
Puts under $140.84
Target $138.35
Not FInancial Advice just a trade Idea
NYSE:WMT
2023 New Year Short Opportunity - $WMTGoing into the new year, I am watching NYSE:WMT for a short/take profit opportunity.
Walmart tested and closed below the all-time high of 2020 ($153.66) for the year, showing signs of falling in 2023!
Walmart Inc. (WMT) 12/20/2022Technical Side
The stock tested and confirmed its 6-month support price at 142/share, which could give us a potential upside to its new high which is 154.
WMT Walmart Inc. Options After The EarningsLooking at the WMT Walmart Inc. options chain after the earnings, i would buy the $145 strike price Puts with
2023-1-20 expiration date for about
$3.65 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
WMT | Bullish Move | 1 HrThe WMT is in bullish move.
Indicators
Dow theory
Candlestick Pattern
Trendline
Support & Resistance
This is not a financial advice
Thanks
WMT 12/16 155CWMT consumer staple sector leader, it is relate strong compare with market, about to make all time high. It break the resistance 150 then small pullback happend on 11/30 with a volume spike, however, 12/01 green bar covered all lost land. I bought 12/16 155C on 12/02 even the payroll nubmer released and made spy gap down after open.
