WMT Daily Candlestick PredictionSo far I am 2 for 4 on my WMT daily candlestick predictions. Comment below if you think something different could happen!
WMT trade ideas
WMT To $150 By End Of OctoberDespite the chop, which there will be plenty. WMT should hit $150 a share by the end of October. Trend line shows our range while the arrows represent the chop. For you pure technicals a stimulus deal could effect the timing based on a deal or no deal. If there is no deal, I do not see WMT hitting $150 until mid November. Outside factors do affect the market.
WMT Forecast Will Walmart hit $150 a share by the end of the month? In order for WMT to hit $150 by the next 10 trading days is for the bulls to take control of the price. Here are some signals that the bulls are getting ready to run hard. First we can see on the hourly candlestick chart that the green shadow under the latest bear candles is growing. This means bull buying power is increasing.
WMT has also fallen greatly below the moving average and should correct itself in the next coming days. Moving Average Convergence Divergence shows that the bears are at peak strength giving hope that they will loose steam in the upcoming days allowing for the bulls to take control. Bollinger Bands are also nearing a low in which a buy signal will be given. ( I will post a new chart when that happens) Finally the RSI on the 1 hour chart is 34.79 nearing underbought territory. When investors see that this company is underbought they will begin accumulating shares to rake in a nice profit.
Fundamental Analysis: We are still waiting on a stimulus deal and a deal or no deal could bring WMT to a lower low or create the start of a new bull run that will go right into earnings. Technical analysis is great, but outside factors do have an impact on stock price as well.
I am personally an WMT bull and have 6 long calls for it to hit $150 by 12/18/2020, I am currently down 25% on my position. Will give it a week pending stimulus deal and finding that strong buy signal from the Bollinger Bands.
What are your thoughts on WMT for the end of the month? Please fell free to comment your thoughts below.
Iron Tarihi guys!
This iron condor is 4weeks strike 7%, 74% probability to gain the max profit. We need a rew/risk = 100-74/74=0.35
Actual RR is not so good, just 0.45, that is'n so that bad, we can trade this because we have an edge, but since I already placed other 5 iron condors only today I prefer to place a pending order @0.52.
enjoy youra wallet!
Tari.
$WMT UpdateThe retail sector remains strong and $WMT is still my top pick. It's approaching a trend line on the 4H chart with strong signs of bull continuation into next week. Still in my original position and looking to add more on a confirmation bounce off of the trend line. Also increased the stop loss.
Daily Candlestick Prediction For WMTSo far I am 2 for 3 on my candlestick analysis for WMT. Lets see what Monday brings!
Price Trajectory for WMTWhere do you see WMT (a),(b), or (c). Or do you see something completely different? This prediction is open to new thoughts and opinions.
Knowing the profits, I know if it will be worth it to sell early in the short term and then swing trade to accumulate more options and therefore make even more money. I see WMT hitting an all time high in the near future.
Check out my included technical indicators to help you form your opinions, I have included Bollinger Bands, RSI, MACD, MA, and Divergence.
WMT Current WaveRemeber in Elliot wave, it's all about waves made out of waves. Watch for these levels!
WMT Trading Activity Follow to see my WMT option trading activity. I will post a new chart with every trade. I will be exclusively swing trading WMT.
Chart is provided, feel free to ask questions about the indicators if you are unsure.
Walmart by the Hour With the small candle at point A we can see that the bearish selling has been getting weaker. The MACD shows strong bear strength but could quickly weaken. As they are loosing buying strength. How do I know they are loosing strength? Take a look at the RSI. WMT returned to its normal range of 48 for its RSI and does not historically stay that low very long. Follow to see how my trend line turns out, give a like if you are a Walmart Bull, and finally comment your thoughts if you agree or disagree. Would love to hear your thoughts. Thank you!
10/12 WMT Ascending TriangleAscending bullish triangle on a 4 hour chart.
I believe a closing candle above $143-$143.50 and we can fly to $150 by the end of the week.
WMT Daily Candlestick Prediction Here is my daily candlestick prediction for WMT. So far I am 1 for 2 in my predictions ( linked below )
Walmart 1 month Analysis Looking at the one month chart ( 30 min candles ) we can see that Walmart has hit its highest low putting it in place to reach its highest high. With growing bullish divergence and a low RSI we can expect Walmart to make a swift comeback.
Daily Candlestick Prediction For WMTI love candles and based off my analysis this is where I see tomorrows candle for Walmart. I am 1 for 1 in my WMT candlestick analysis. Check out my previous prediction linked below and follow for daily updates!
WMT Long Term cycleIn the middle of a long term wave 3 for WMT, went in shares on September dip, will trim positions as we approach 1.618 level, will buy 4 wave dip as close to the bottom as possible
Daily Candle Stick Prediction for WalmartBased on pure candle stick analysis I have made my prediction for the 10.13.2020 candle. Stay tuned to see how accurate or inaccurate I am. This is a segment that goes alone with my main Walmart thesis ( linked below ) check it out to see my thoughts on WMT.
150 calls for next week?seems like a clear breakout/uptrend. we may add some calls by friday! after we sell baba for 200% ;) gl
wmt channeldrew this in the morning and watched it trend within the lines all day so I thought id share here. had a note for target of between 146.62 (full break out) and 146.58, i kinda shocked myself how accurate these were. please help me grow by giving a comment, like and of course a sub!
Walmart Flying HighLooks like Walmart is just in a euphoric state, keeps rising. Looking at the 1 day chart to determine when stock will drop. It may continue its steady up trend until earnings. With a high RSI and the candles moving further and further away from the moving average you think to scream sell. However, if you look at the most current candle stick ( Tuesday October 13th ) you can see it has a huge bull wick. The bullinger bands have not crossed yet, the RSI seems to max out at 75 for Walmart ( currently 70 ) and the MACD shows growing bull strength. This will be a fun one to trade. Will be watching for the sell signal. I will post when a daily sell signal arises.
Like if you are a Walmart Bull and think it will continue rising high into earnings, and comment any thoughts/opinions. Would love to hear your take on it.
Current Position: 2 Calls @ 4.55 a contract Expires 12/18
Put myself in a strong position to average down if needed.
Walmart about to reach a higher low Walmart is cruising into earnings, however we are on our way to hit a higher low. I believe some point this week WMT will hit $143 a share. Here's the technical analysis that explains why.
RSI: Relative Strength index is at 60 and an average for Walmart is close to 55. With the high RSI we can see price decrease as investors are seeing Walmart being overbought.
MACD: Shows that there is growing bearish divergence, bears are getting stronger meaning they might take more control of the stock price.
My plan?
My plan is to buy Calls on the dip. I am going to purchase 12/18 Call for WMT to be $150 a share.
Follow to see my trades, and give a like if you see Walmart growing, and part of growing means hitting higher lows.
Comment your thoughts on my analysis, I would love to be critiqued.
