WMT trade ideas
WMT Covered Call (Adding a second position)I am still holding my original WMT shares form my first covered call series of trades and hope to continue that trade soon with a new call. This trade is a second position of the same caliber. I bought 100 more share of WMT at $128.52, and sold a 128 call with expiration of 3/12/21 for a credit of $2.30 last week.
Break even for the trade is currently $126.46 and max profit in relation to entry of $130.82
WMT buy LEAPSHistorically strong, household name stock that will not go anywhere. Can be trusted to continue uptrend for long term, defined pattern in play suggests 165 at minimum (180 likely) by jan 2023. Low beta stock so it is ideal for LEAPS
WMT Good BuyBullish, possible closing ascending triangle (next fib line 190USD).
Tested fib line, likely retest with a month. Currently 132USD, retest is at 150 (my take profit zone).
WMT PT $138 by 3/15This is not a recommendation to buy or sell. Please do your own DD, this is an idea of what I think is going to happen.
WMT MACD on the daily just crossed the signal line. Volume has been increasing the past 2 weeks.
1 week Price Target = $138
2 week Price Target = $140+
Like and comment if you like this idea!
WALMART #WMT - Upside potential in bearish trendNYSE:WMT
- With the recent sell-off #WMT reached a strong area of support at USD 129
- From Dec-20 #WMT is in bearish trend however is now quite overextended to the downside and distant from the trend line
- MACD, below 0 therefore indicating bearish momentum, is reversing upward
- RSI left the oversold territory
Entry price $ 129.34
1st TP $ 134.19
2nd TP $ 140.00
SL $ 124.50
Small Bullish CorrectionI have taken a small bullish position for the move upwards with very tight stops.
Still not convinced of a full recovery. Still anticipating another move downwards.
WMT long position openWMT is a market leader and the trend is up. The US is soon opening up again, plus the americans just got 1.9 trillion USD.
Technical
- RSI oversold + rebound
- Trend line
- Fib retracement to the famouse 50% level
Why not?
NEW BUY ZONE ? LETS WAITno confirmation = no trade
no profit margin = no trade
must get a confirmation on LTF
Either 15M Timeframe or 10M or 5M
we must get a change of trend on those timeframes like price coming into the zone with LL/LH and we need HH/HL To come in!
that's how i enter 99% of my trades
WMT - A way to see what the market may do.... looks like the 149 high was a large W5 high, and now a correction is underway. Looks like it should bounce back up to about 140 to 145, and then head down to about 115 (assuming it goes back down at 140.90.) From there, I believe a new wave 1 up will start.
Sooooo, I translate this to be that the market will likely bounce this week to resistance areas (3870 to 3900 on ES) and then take another leg down
WMT BullishHey guys! I'm thinking I'm bullish on $WMT for several reasons. but I'll be watching the stock over the coming days depending on overall market sentiment & how SPY ends up moving. $WMT as of right now, is in a downwards sloping price channel after that period of consolidation from about mid November up until February, but it's showing signs that this pullback may be over and it could take a move upwards. First, we have a bounce/touch of the long term support line. We also have a bullish engulfing with rising volume at support. The RSI is at oversold levels, and is starting to cross above the 30 level, & the MACD looks like it's starting to turn back up and may make a bullish cross.
Pair all of this with the fact that Walmart is fundamentally a good company with increasing revenues and assets year after year, news that they plan on boosting their e-commerce footprint, had a good recent earnings report, & that they're currently undervalued, I think Walmart is going to make a strong move upwards over the next couple of months.
I'm gonna be watching this stock over the next few days/week to look for a better entry (if a candle can close above the 8 MA specifically) as I think it could potentially take a little more of a dip to the $125 level, and then $122 since the market has been correcting over the past week or so, but if the chart follows this momentum off the bullish engulfing at support, I think the correction/pullback in $WMT could be over, and I'll be looking to go long. Hope everyone enjoyed this analysis!
WMT to $170 in 2021Buy Walmart here or anywhere in the magic green window, and you'll need no other retail play for the rest of the year.
WMT dropped 10% from the 200 MA in the March 2020 crash. The 10% drop from the 200MA sits around 122$.
The green box in the chart is a critical support area. Walmart has only gotten bigger in 2020 and continues to get bigger in 2021. Walmart+, fintech and banking services, plus leading the way with setting higher minimum wages this year before it is passed into law. This is a market leader.
If you're worried about a market crash at the moment and think Walmart is going to perform like Amazon or some of the other sexier overvalued e-retail players will in 2021, think again. Walmart is your safest bet in my opinion.
Good luck trader!
Pull Back Fishing - Head and ShouldersWMT has now broken the bottom bollinger band with the moving average set on 80 verses 20. A break of the bottom bollinger band signals extreme selling pressure and a break of the upper band signals extreme buying pressure. Usually, price returns to the interior of the bands, eventually. WMT also fell from a bearish rising wedge (RW).
When the bands widen, volatility often occurs and when they contract (squeeze), the bands may be signalling a break to the upside or the downside. Bollinger bands can tell you a lot about price without using a ton of indicators. Because Bollinger Bands measure volatility, the bands adjust automatically to changing market conditions. If the upper and lower bands are 2 standard deviations which is the norm, this means that about 95% of price moves have occurred recently are CONTAINED within these bands. The standard moving average which is the line in the middle, is a 20 day moving average.
WMT has met targets 1 for the trip down. Targets 2 are longer term and not always met. As a rule, this pattern does not perform well in a bull market but WMT has fallen a significant amount.
Not a recommendation. Hopefully WMT will find a bottom soon )o:
Potential Bullish CypherI think a buying opportunity may exist on Walmart. $124.55 would be the pattern completion zone. It still needs to decline another $6, and this will take some time as it is oversold on the RSI. But that's my entry target.
WMT W1 Analysis -W1 RSI close to the neutrality zone
-Price close to an oblique support
-Price close to the 50% Fibonacci retracement
How much is your hour worth ?Read this article here
If you read the article carefully, it is beyond asking for the minimum wage to be raised up to $15/hour. It is the frustration that despite working in these laborious jobs, long hours of standing and overtime , yet they do not feel appreciated or compensated fairly.
I am a strong advocate of early investment and if I could rewrite my life chapters again, I would go back in time to start investing as early as I can. But life can only be live forward not backward so all those painful experiences of losses, business failures, scams, etc that I had gone through (I thank God for not forsaking me) had fortified my inner strength , build my resilience and reconfirm my purpose in sharing and helping people to gain abundance.
If you are earning $5000 a month, work that out to $31.25/hour (assuming you work 5 days a week, 8 hours a day). If after 10 years, your 5k/mth is still the same, then you are in trouble. Inflation alone would killed your purchasing power and as you progress in life, you would need to spend more.
If you can upgrade your skills, take up some courses and then find another job that say pays you 7k/month, then your hourly pay is now 43.75/hour. This increment can allow you to upgrade your lifestyle or have more money set aside for savings.
And for whatever reasons that you cannot increase your base pay from your active income (referring to your main job), then I would suggest learning as much as you can about investment.
Start small but start early if you can. Regardless how old you are, you can still play the game of investment. And let no "fake gurus" out there scares you that you need specialised knowledge, years of experience (we all start somewhere , don't we?), software, etc before you can dabble in stocks.
There are tons of materials out there online or from the public library that you can read up FOR FREE. Sometimes, too much choices can lead to analysis paralysis , well that for another topic some day.
Then go find an established broker and set up a live account. Good if they have a demo account as well so you can have a real feel using the virtual money they provide you. If your live account is 5000, no point setting up your virtual account with 1 million dollars. That is too far from your current state and either corrupts your mind to want to make money fast or easy or upsets your mind further with imbalances.
Match what your live account with your demo account. 5k in live ,5k in demo. That way, you can FEEL 100% if you win or lose money. At most, double it but not too far off that it feels distant.
There are so many good authors out there who provide good charts, analysis here in TV that one can read.
A few warning signs :
1. Never rely 100% on a tip from friend. ALWAYS investigate further. Sometimes, it can be a good tip off . Like this stock here and here Though my entry was much later, nevertheless I would not know about this company until someone asked me to take a look at the chart. You note that I neither short it in the beginning nor bought it earlier (on hindsight I should) but I took time to read up and find out more.
2. Invest with money you have - don't try your luck borrowing money from bank nor friends and think you have figured out the market. Leave those imaginations and hallucinations to the Hollywood movies. Stay grounded.
3. Expand your repertoire - slowly connect the dots - what has inflation to do with the economy ? Does politics affect stock market ? (Read Yoma here ).
4. Set a goal :Proverbs 21:5
“The plans of the diligent lead to profit
as surely as haste leads to poverty.”
5. Learn from mistakes - review and restrategise - is trading short time frames suitable for your lifestyle ? Do you have to hide yourself in toilet cubicle to check price ? Is ETF too slow in performance ?
When you are not harping on your $x/hour job and have additional streams of income from your stock investment, you would not be so stressed. You can have more time to review your career goals, decide what courses to take , maybe take a year off to travel or do something you really like.
The most important thing is to invest your time per hour not thinking how much you can make per hour. That investment when well thought out and executed will help you to increase your $x/hour pay exponentially.
WMT a good buy ?WMT had dipped considerably.
It's maybe a buy opportunity at 130.
It may have reached a support level.
On another note, by following this idea, the 116 level might not be good for a SL but for another buying opportunity:
WALMART To Sell From Portfolio!Hello ladies and gentlemen, according to my graphical analysis of WALMART INC I recommended to close all long position in your portfolio because WMT stock is showing a sell signal this is the best time to close all long position in portfolio!
