WMT trade ideas
Walmart (WMT) rounding out bottom on 65 min time frameLook to buy near the low range of the rounding formation that I drew. Also, there is horizontal support at $135 and horizontal resistance near $139. If it breaks out, it can make new highs again.
WMT Sideways for a whileLooks like wmt will bounce off the 133-134 area and then move toward 165 by end of year. I have long calls in WMT and also debit spreads.
www.spymoneyllc.com
Walmart Path and directionHello everyone
Walmart started a uptrend in march
so far uptrend intact
watch key levels in notes at the chart
for any question feel free to ask :)
WMT Walmart looks like it is bottoming out. A trend continuation may be coming soon as Walmart looks to be bottoming out. A few more days of this rounding out formation and it should be good for a long. Also note the low volume pull back (not a lot of selling pressure).
I am not long WMT yet, just observing. Looking for an entry in mid $135 range. Support at $135 so stop loss would be around 134 to give it wiggle room. Minimum target would be near its short-term resistance right now around 138.80-140. However, a break out could send it back to new highs. The fundamentals also support a move higher.
- Andre, StockBros Research
If WMT can hold this trend line...It's possible to see 139 by October, with TikTok news, holiday season coming up, and the Walmart+ catalysts (UBS analysts estimating it will add 10 million new members by the end of 2021), I remain bullish on Walmart for the short and long-term. Support charted below at yellow levels, resistance charted at purple lines
WMT wedge hope this plays out, holidays, PS5 sales, walmart + with one day shipping.... first chart so take it easy on em eh?
Walmart LongHey everyone,
Walmart will make it's way up to wave 5. The cloud gives solid support and the price bounced off successfully of the trend line. The RSI is relaxed as well.
Entry: Now
Stop: 134$
TP: 151 - 161 $
Leave a follow please, my goal is 200 :)
Best for your trades!
$WMT DAYTRADE Potential entry above Upside target $144.
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WALMART buy signals on D1.Walmart (WMT), D1: Support line + Mirror level + Hammer + Hidden divergence
WMT long signal. SL close below pink zone. TP in green zone.WMT long signal. SL close below pink zone. TP in green zone.
$WMT Walmart Day Trade Potential entry above $138.50 Upside target $144.
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Tari CondorHi guys!
This iron condor has 83% probability to win, 2 weeks, 6% strikes.
Follow the rules of my strategy to get in, and
Enjoy your wallet!
Tari.
The Walmart and the Tik Tok news could be a perfect mixThe daily chart under review has a whole lot going on, Wmt has been in its broader uptrend since its corona sell off/ rebound. This one shows alot of the breakdowns of price action. Lets put the past 6 weeks under review. The price action has ended in a seemingly cup and handle formation, typically which take around 6 weeks to form, this puts it at the right place at the right time if past trends continue. Currently nearing oversold on the RSI on a higher price level than it ever has been, gives an idea that it has earned strength in this area, and can be due for a push higher with good volume. If this one goes any lower, Id expect a bounce off the 50 day moving average. Good timing for tik tok news as this may be what WMT needs to push higher. Posted are resistance and support levels, with the purple levels signifying a change in action and possible pivot zones.
WMTIndicators:
Daily:
- MACD: need to decrease it's negative volume to curve up
- StochRSI: oversold
- RSI: finding support
- VWAP: coming to interesting point
4H:
- MACD: trying to uptrend
- StochRSI: oversold
- RSI: trying to find support
- VWAP: coming to interesting point
