WMT trade ideas
Logscale Trendline breaking with Head and ShouldersHead and Shoulders formation after breaking trend with Bearish Divergence on MACD.
Think we are going down from here my downside target is all the way back down to our last strongest weekly support shaded in green on this chart
Bought 10 WMT @$133 Target @$167 Date Dec 31, 2021Walmart, Inc
Bought 10 WMT @$133 Target $167 Date Dec 31, 2021
Buy limit 10 WMT @$130 Target $167 Date Jan 3, 2023
Walmart Inc is an American multinational retail corporation that operates a
chain of hypermarkets, discount department stores, and grocery stores from the United States,
headquartered in Bentonville, Arkansas. The company was founded by
Sam Walton in 1962 and incorporated on October 31, 1969.
Owner: Walton family (50.85%)
Operating income: US$22.5 billion (2020)
Number of locations: 11,443 stores worldwide ...
Revenue: US$559.2 billion (December 31, 2020)
Shop Walmart.com for Every Day Low Prices. Free Shipping on Orders $35+ or Pickup
In-Store and get a Pickup Discount. Open a Walmart Credit Card to Save
Company Website: www.walmart.com
WMT Bullish PT $138This is not a recommendation to buy or sell.
Based on the chart I had from last week, WMT is following my prediction so far.
Nice dip today to filter through any weak hands and opportunistic. Based on the volume pick-up going into EOD, I'm seeing bullish signs towards the next fib level with a price target of$138.
Like and comment if you agree.
$WMT with a bullish outlook following its earnings #StocksThe PEAD projected a bullish outlook for $WMT following a negative over reaction after its earnings release placing the stock in drift C
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WMT FLAG BREAKOUT CONTINUATION ON WATCHLONG OVER 134.5, FIRST TARGET 137 (ABOUT THE DISTANCE OF THE FLAGPOLE).
4HR CHART 200 EMA AROUND 140
$WMT BULLISHwith the stimmys being rolled out, us ignorant American citizens will go and buy things we really don't need to impress people we really don't care for. W that said the entire retail sector should be green, the catalyst is the stimulus checks, and the sentiment is bullish. I personally see $WMT going past the 200 ema tomorrow so at least +2%, 5% til the gap.
Buy $WMT - NRPicks 14 MarWalmart Inc. participates in retail and wholesale operations in various formats around the world. The company operates in three segments: Walmart U.S., Walmart International, and Sam's Club.
The retailer's growth strategy so far has led to its US sales growing about 8.6% in the past year, according to its fourth-quarter earnings report last month. Net sales increased 29B million in the year.
Walmart's main growth strategy is building its online marketplace and e-commerce banking, while expanding other businesses, including its advertising, finance and healthcare businesses. His most recent investment was a $ 2.2B capital injection together with Tencent in Rakuten.
- P / S 0.67
- Sales 559B
- ROE 23.90%
Technical:
Support at $ 127
Price settled on MA50
Low RSI Oversold Levels
Green light on WMT: fibo and trend linesWallMart can be a good candidate for a long position. I suppose it will touch again 131.30$ before shooting up to 139.50$.
On the next trading day (Monday the 15th of March), I will try to buy some stocks @131.30$: Stochastic RSI is in overbought area and RSI is ha three falling highs. My target is 139.50$ in profit and 126.20$ in loss.
The expected Win/Loss ratio of this trade is 1.60.
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?
