WMT trade ideas
$WMT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WMT after a Positive over reaction following its earnings release placing the stock in drift A
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
Long | WMT | Minimum 100% Profit NYSE:WMT
Possible Scenario: LONG
Evidence: Price Action
TP1~ 144$,
Call options, Strike 144$, 05/14/21 Contract Price: 0.17$
Call options, Strike 145$, 05/14/21 Contract Price: 0.11$
Call options, Strike 146$, 05/14/21 Contract Price: 0.08$
* I'm not a financial advisor and it could be wrong 100%.
Symmetrical TriangleNeutral until trendline is broken in that direction.
No recommendation
The 3 white soldiers candlestick pattern is a powerful bullish candle formation and is bullish 82% of the time. Look for 3 relatively large green candles in a row that overlaps each other. Volume can give performance clues.
Long WMT soon21EMA is about to cross above 50EMA, a bullish sign once again.
9EMA is coming up to support price in the bull flag which means price is going to breakout soon. Looking for a long entry upon breakout with good volume.
PT1: 142.85
PT2: 146.4
SL: below 139.14 if entered on breakout of bull flag pattern.