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 trade ideas
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!
WMT potential reversal soonWMT at the 200 day and closed with a doji. Strength/Momentum indicators still look quite bearish so we'll see if it can turn it around for tomorrow. Maybe it'll take till ~130 area for it to start its move back up. Will be keeping a close eye on it.
WMT: Five reasons why you need to buy WalmartFive reasons why you need to buy Wal-Mart
Reason1:
In the period from 2007 to 2009, S&P500 dropped by nearly 55%, and Walmart (NYSE: WMT) actually brought 10.57% of total revenue.
Reason2:
Even during the recession, people still need food and other staple foods.
What's more, in difficult times, people may tend to buy food from discount retailers like Walmart.
Reason3:
In the worsening of the Covid-19 crisis, Walmart has proved its strength, with a total return recovery rate of 23% in 2020, compared with 17% in the S&P 500 index.
With a return rate of 1.5% and a 47-year history of annual revenue growth, Walmart is expected to reach the additional king of incremental growth in 2024.
Reason4:
Approximately 90% of the U.S. population lives within 10 miles of Walmart stores, and the company still has strong growth potential.
E-commerce increased by 79% in the third quarter, and its Walmart + subscription service is targeting Amazon Prime customers.
Reason5:
Walmart has a cheaper P/E of 21, compared with Amazon (95 times), and Costco (37 times)
So, what are you waiting for?
WMT looking for a reversal into an uptrendWMT dropped post earnings and has been on a downward trend ever since, it has touched its April highs today along with a fib, being oversold, and on a trendline makes it seem primed for a reversal soon. This is a good time to go long
on WMT. I'm liking this trade.
WMT _ Definitely Buy Looking at chart and fundamental - should be up from here, may be due to market momentum can play $1 or $.50 down around but chances are going up soon.
WMT- birds of a feather flock togetherI am adding this one to my list as Costco would be a competitor.... supply demand
Walmart 5% Gap Fill and a potential 31% upsideLong term this stock has plenty of room to make it back to the highs, which I believe it will by the end of 3rd quarter, and as it builds out its e-commerce and digital ad's business further, investors will see the true potential of Walmart as a platform and not only as retailer.
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.
Something to Watchno 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
Wal-Mart earnings miss, revenue beatWal-Mart (WMT) reported 4th Quarter January 2021 earnings of $1.39 per share on revenue of $152.1 billion. The consensus earnings estimate was $1.51 per share on revenue of $146.4 billion. The Board of Directors of Walmart Inc. approved to raise it's annual dividend to $2.20 per share, marking the 48th consecutive year of dividend increases. Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
Walmart ProjectionWalmart looking for support at 136.77
Stop 130.74
TP1 143.81
TP2 150.33
YOLO 153.66
WMT ResistanceI really dont think Walmart will be making it past all three resistance points unless there is a big market correction.
A good buying opportunity is when it finds support around one of those areas.
$WMT | Walmart: Bullish Channel + Earnings Tomorrow BMO$WMT is close to breaking out of a bullish channel. Watch for upside continuation.
Earnings are tomorrow before open.
Let me know what you think in the comments and leave a like if you agree with my analysis! 👍🏽
I am bullish on Wall Mart above 150lets see what comes out after results it may give dip then bounce towards 155 - 165
WMT - February 16, 2021Walmart is the dominant all things retail, defensive in turbulent times stock. Throughout the pandemic WMT has exhibited stellar e-commerce growth of US sales up 97% yoy compared to estimates of just 37% in Fiscal Q2. These growth levels are attributable to increased online shoppers as a result of the pandemic, and WMT has exhibited a best-in-class adoption of their e-commerce platform. From a technical perspective, WMT looks to breakout of the downtrend above 146 and push higher into earnings this Thursday after the bell. If there is no pre-earnings run up from WMT we will be comfortable holding shares though the earnings report.
Walmart for a small dip down to resistance.Using price action and moving average patterns; it looks as if walmart may decline for a week or two.
Technical Analysis 101: Support and Resistance In this video I cover the basics of the support and resistance levels and how to chart it out, If you enjoyed this video please like it and share it with your friends. Also please drop a comment, feedback, suggestion for me to cover or just to work on, and that would be much appreciated. Next video I'll cover the Fibonacci retracement and extension to plot targets. So we covered the trend lines and support and resistance levels, so please practice with those and send me charts if you need someone to look over it! As the main goal is for all of us to learn from each other and become better chartist and traders!
