WMT trade ideas
WMT End of cup and handle. New support confirmed New support found at 127 after cup and handle. .5fib at 140. Original move up retracement of $25
Engulfing candles and Reversal opens - strong signalsFirst let me caution that these are strong signals of a potential stock move. You still need another reason to enter a trade.
Engulfing candle in this yellow box is bearish. Stock must trade below its low in order to trigger puts entry. Same with bullish engulfing candles - the next day or two should see a trade above the high to trigger buying (or calls).
There is a reversal candle open in red box, also very bearish. Reversals happen when the opening price is lower than the previous day's green candle open (bearish) or higher than the previous day's red candle open (bullish).
Looking at this chart, and at 30min as well, what price targets would you set and which option would you buy? write it down and see what happens... or trade a small position (after identifying stops)
Walmart potential for brief correction and short down to 126$Walmart potential for brief correction and short down to 126$ before establishing a bullish trend within the uptrend trade range.
$WMT Leads the Charge for Pandemic ShoppingWMT shares are back in breakout mode as the "winner take all" physical retail game heats up.
The $0.54/share quarterly dividend payout probably isn't hurting either.
Wall Mart vs Dow : Bottom Indicator to watchWall Mart NYSE:WMT is making new all time highs - interesting to monitor the WMT / DIA ratio as a potential long term equity lows indicator. Close but still not there.
WALMART POTENTIAL HEAD AND SHOULDERS SELL OPPORTUNITYWALMART STOCK MAY FORM HEAD AND SHOULDERS FORMATION ON H-1 CHART NEAR IT'S YEAR-2020 HIGH. WAIT FOR LOWER LOW LOWER CLOSE CANDLE TO LOOK FOR SELL TRADE.
SELL ENTRY: USD 124 (WAIT FOR LOWER LOW LOWER CLOSE CANDLE, BEFORE VIOLATION OF HEAD AT USD 126.46)
STOP LOSS: USD 128.10
TARGET-1: USD 118 (RE-TEST OF NECK LINE)
TARGET-2: USD 113
Walmart in Bullish Channel..!price is near the Mid line of bullish channel ( 126 )
if breakout this range, can grows up..
Entry 128
TP 140 - 150
SL 108
forexness
Walmart versus Amazon!Revenue is surprisingly not what I thought! $141B versus $87B... which is which? Take a look at the chart...
Great company but overboughtWalmart is a great stock to buy and hold forever. Unfortunately, they are still way overvalued even after the COVID pullback. PE of 23 seems to support my opinion considering that I don't see any astronomical catalysts ahead.
Buy targets are $110, $84 and $64.
WalmartStock Symbol: WMT
Out of all the blue chips, walmart looks the strongest.
Good old Wally world holding up like a champion.
Diversify and use 5% stoploss
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Bollinger Band IndicatorA Bollinger Band is a technical analysis tool defined by a set of lines plotted two standard deviations (positively and negatively) away from a simple moving average (SMA) of the security's price, but can be adjusted to user preferences.
$WMT Walmart On Watchlist for daily Breakout Possible long entry above local POC and daily resistance $120.50
Target price at trend line approx $128
