WMT trade ideas
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.
WTMWTM tiene posibilidad al alza. Esta en mi primera parada de Fib $142.60 y tienen espacio hasta $147.53
WAIT to BUYonly if it pierces bottom-up the middle line of the channel.
To be super-sure altough you should wait a reversal on the bottom of the channel
WMT - BOUNCE OF DEMAND ZONEWMT hit and bounced where we found a demand zone now should head higher to the trend line resistance
1) Break trend line resistance and make it to 145 for a gap fil
2) Reject the trend line resistance and bounce back down
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.
WMT (Walmart Inc.)Walmart
Walmart Inc. is a multinational retail corporation that operates a chain of hypermarkets, discount department stores and grocery stores. Walmart Inc., formerly known as Wal-Mart Stores, Inc., is headquartered in Bentonville, Arkansas.
Analysis/Commentary
Continued growth on EPS and Sales Y-on-Y
Based on the study of the previous quarterly earnings reports and subsequent price moves:
- Current quarter has given price move to the LOW point after a lower than expected earnings result
- Opportunities to buy in at the LOW point
- Expectation for the price to move to MID or HIGH point
- Trailing stop-loss on price above MID point
GOOD LUCK.
DO YOUR OWN RESEARCH!
WMT Bellwether my PT for an entry into WMT is $126.50 pre earnings. thesis is this thing trades down into first half of May, i.e. bellwether for the broader S&P.
WMT. Looking for high quality setups.This isn't super clean as of today, but it is setting up nicely to my eyes.
For the long term buy and holders I'd say go ahead and hop in.
For those of us cursed with the necessity of using stop losses, I'd like it to get a little closer to a lower level, or to show some more upward momentum before I can find a sensible risk ratio.
For the most part I am just training my daily trend trading muscles. Hopefully doing so with quality repetitions. I see there are no earnings for two weeks so massive volatility should be out of our mind.
Cons: The 50 crossed under the 200 to the downside in what people call the death cross. I see price action is behaving very bullishly in this recent rally. It looks to me like price bottomed following negative earnings expectations, and is now on its way back up in classic bull fashion. The 200 is still sloped upward, so one could also argue this is a terrific time to buy.
**EDIT**
The markings I did on the 4HR time frame, then published on the daily. So some of the lines won't match up perfectly. But, the markings were made on the 4HR chart, not the daily.
Nice Chance to Enter or add to Short Positions on WalmartSeems like a weak rally so far I feel like WMT will reverse again from here and make a slightly lower low as it is showing a huge amount of MACD Hidden Bearish Divergence on the Daily at Resistance and the RSI seems to be rolling over.
WMT GAP FILL OR BUST?Walmart approached long term resistance today and instantly dropped which obviously isn't a great sign...BUT I think its been holding this support zone pretty well for the past couple of weeks which IMO is fairly bullish.
I think WMT could attempt to fill the gap at 143 but on the event that it doesn't hold this zone, I will be shorting this stock back down to ~120.
Look for a close under 137.85 before loading up on puts and short positions, I would also consider long dated monthly contracts.
If it can break the resistance... we will see ATHs again!
Happy trading!
WMT - 4HR SUPPLY AND DEMANDWhenever the WMT hit my demand lines it went up while when it hit my supply lines it went down
It's still a BUY if you own it you don't own it waitbut might bounce back in the middle of the channel.
I suggest waiting if you do not own the stock yet.
WMT - Beautiful Setup! Buy callsYESSIRRRR these are the setups I LIVE for. Beautiful cup n handle break into a gap fill??? yes please
Use these Fibonacci levels as price targets/ support/ resistance.
Buy 140, 141, or 142 calls with a few weeks of time. SIT ON THEM AND LET EM PRINT.
I personally got 1 $142 strike 4/23 expiration @ 0.64. I'm recommending an extra couple weeks on top of what I have, because I like to add a little bit of risk to my plays ;)
Remember,
$140, $141, $142 STRIKE
4/30- 5/14 EXPIRATION
LOOK FOR THE CALLS WITH THE HIGHEST OPEN INTEREST. DON'T PUT MORE THAN 10-15% OF YOUR PORT INTO ANY SINGLE TRADE.
GOOD LUCK!
WMT LONG TRADEWMT has been consolidating on the 200MA and right at support. Looking for it to hold and bounce back higher. Already have a small starter in this play and own WMT shares from a few weeks back but I think this is a good chance to go long and have tight stops under the 200MA which is the orange line.
WMT - great looking chart, longChart "from a text book"
Double bottom
higher lows
Breaking out form the bullish flag
Sitting on 200 MA
Room to go
walmart into earningsthis thing has a lot of room to run. nothing sexier about trading this, but parking lots are full, pandemic is real, and f at least this stock has gone through some churn & price discovery unlike the broad S&P. I'll probably trading earnings here with an option straddle, I think they have a good quarter and get back to ATH, will pile shares into the print.
