4WMT trade ideas
WMT-SELL strategy Monthly chartThis share is way overdone, and honestly, the increase of price has been to steep.
I suspect a major correction to $ 65.00 is very possible.
Strategy SELL current price @ 82.00 and take profit @ $ 64.50 or even $ 55.00.
Walmart in weeklyHello,
A quick look at the action of the famous US channel.
My algo, signals me a price higher than 41% on its "Price Action".
What bothers me a little is the acceleration marked with the yellow arrow on the graph.
The blue line is the right price according to my algo.
What do you think?
Make your opinion, before placing an order.
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WMT HIT SUSSPLY ZONEWalmart hit supply zone and had a nice downward trend. I believe it will consolidate from here and continue trending down for the week
$WMT Rising Wedge 6hWalmart has been insanely bullish these last few months following its double beat on recent earnings, now the price action has sort of slowed and has been ranging bullish but is starting to form a rising wedge pattern. I want to keep NYSE:WMT on watch for a breakdown before its earnings report on November 19th. If we can break below the $81.54 to hit the 50% retracement first than continue lower to the first target $80.61 than continue to main target at $79.36
WMT - ascending triangle breakout patternWMT - Walmart Expands Same-Day Pharmacy Delivery Nationwide, Integrates Prescriptions And General Merchandise Into Single Orders. stock breaking another all time highs here. could see another break out if $82 holds. Stock is strong on indicator level. Stock is forming and ascending triangle breakout pattern. looking for $85 and $90 if $82 holds
WMT to Make New Higher Highs Week of 10/21-10/25 (11/4)WMT stock experienced a slight decline during the week of October 21-25, 2024.
The stock is currently trading below its key moving averages and has a bearish technical outlook.
However, the consensus rating for WMT stock remains "Buy," and analysts have a high median target price.
Investors should continue to monitor WMT stock for any upcoming news or earnings reports that could impact its price.
Santiago Solutions Forecast
E-82.05
TP- 83.50
TP2- 85.10 (Possible 11/4)
SL-80.05
Disclaimer: This analysis is for informational purposes only and should not be considered investment advice. Please consult with a financial advisor before making any investment decisions.
#SantiagoSolutions
Buy WMT don’t just shop at WalmartTicker: WMT
Key data:
* Market cap: $654b
* Dividend yield: 1.02%
* PE: 41.72
Execution metrics:
* Entry: $81.31
* TP: $84.78
* SL: $77.38
Profit paths:
* Buy shares at market open
* Nov22 85/81 Bull Put
* Nov22 82/78 Bull Put
Technical Support:
* Money flow: Positive
* POI: 1 ATR
* Justification: Leaving demand. Closing higher. MA supporting bulls.
Fundamental Support:
* Analyst 1Y target: $85.63
* Next earnings: Nov 19 2024
* Justification: debt reducing QoQ, FCF increasing
WALMART: Forming a Megaphone Top. Sell signal.Walmart is fairly bullish on its 1D technical outlook (RSI = 59.199, MACD = 0.980, ADX = 43.049) as the price is near the top of the 2024 Bullish Megaphone and has been forming a top since the September 16th High. This slowdown can be seen on the two prior top formations and is more obvious on the 1D RSI which prints a Channel Down when the price peaks on a Channel Up. This Bearish Divergence is the signal we need to go short next week. We aim for just under the 1D MA50 (TP = 77.50) or take the profit if the RSI hits the buy entry line first.
See how our prior idea has worked out:
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WMT Topping Out!From a failed move lower came a fast move higher. This is standard BKC charting.
While there is a possibility that if it breaks the bottom trendline it can break the upper trendline. (BKC does allow for that to occur) No bull should be trying to be a dik for a tik.
Take your profits and run!
WALMART Short-term correction on the wayLast time we looked at Walmart (WMT) we gave a solid sell signal (March 27, see chart below), which served as a pull-back step for the stock's amazing recent Bullish Leg:
This time, the Channel Up it's been trading on is more aggressive, with each Bullish Leg posting rallies of +22% and 23.60% and bottoms made only just under the 1D MA50 (blue trend-line), presenting easy buy opportunities.
As the moment, the price is already on the Channel's top (Higher Highs trend-line), having completed a +22% rise and technically the maximum it can go to is +23.60%. As a result, we expect a short-term correction now of at least -6.40% (similar to the last one). We estimate that to be around $77.00 and once the 1D MA50 breaks again, we will get our new buy opportunity, possibly on the 4th candle after the break.
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WMT - short positionhi traders
Let's have a look at WMT on 4h time frame.
The price was in the ascending broadening wedge pattern.
It looks like the bearish divergence played out and we got the successful break-down.
Enter the short now or wait for the price to retest the previous support and confirm it as resistance.
Target for shorts: 76,66.
Invalidation: If the price comes back inside the pattern, the trade should be exited.
Walmart Stock $WMT expecting a decent rally in September 2024Walmart Stock #WMT is trying to rally as it reacts to a daily demand imbalance at $78.84. Expecting a decent rally from this level. Walmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets (also called supercenters), discount department stores, and grocery stores in the United States and 23 other countries.
WMT Looking for a retracement back down to $68WMT Looking for a retracement back down to $68, in order to enter into a long.
WALMART $WMT 50-Year Trend Channel adjusted for inflationTaking CPI data into account I was trying to calculate the value of the $ adjusted for inflation.
The real value of the share in 1974 dollars is $12.47, and $65.88 of the 2024 price is effectively the result of inflation.
This means that while the nominal gain is significant, the actual increase in purchasing power is more modest due to inflation.
WMTWalmart break a new daily high with high volume
waiting to break the last high candle
first target for me its 80
WTMWalmart Inc. is an American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores in the United States and 23 other countries. It is headquartered in Bentonville, Arkansas.
Journal 8.30.24 - $KO - 200% Profit & $WMT 37% Profit in One DayThis is just a quick journal entry talking about the red, green, green setup. You want the weekly to for sure be "in force" and on the day have a red (pullback candle-high < high of candle before it), green candle, then next daily candle green. This is a nice day trade combo.
WMT - Wallmart Hit a Resistance from 1993Going to try some puts, might not work but this is a great resistance, a long with the markets look to be possibly topping all around for a long time this seems like a good r/r. My buddy kept talking about how amazing it is so I looked lol, good spot to short even if it doesn't work out.
WMT Walmart to go for new Highs Long Swing 8/27-9/3 2024The stock has broken the strong rising the short-term trend up and an even stronger rate of rising is indicated. For any reaction back there will now be support on the roof on the current trend broken at $74.15, a level that may pose a second chance to hit a runner. According to fan-theory $79.94 will be the next possible trend-top level and thereby pose a resistance level that may not be broken at the first attempt.
76.10 enter into $75 Call Delta in Zone
Walmart’s (WMT) Earnings Could Signal Economic TrendsAt first glance, Walmart's earnings might not seem critical, but they provide key insights into consumer behavior and could serve as an indicator for future retail sales. If Walmart reports disappointing earnings, it could signal broader economic concerns. As one of the largest retailers in the U.S., a decline in Walmart's customer base may indicate that consumers are tightening their belts, which is never a good sign for the economy.
This is why we're closely monitoring Walmart. Sometimes, stocks can act as a barometer for the market. While we’re hopeful for a strong earnings report, we're also anticipating a potential price dip into the $43 to $36 range. Whether this occurs immediately or in the coming weeks is uncertain, but we believe it’s a likely scenario. If Walmart’s price drops into this range, it could present a compelling buying opportunity. The golden pocket Fibonacci retracement aligns with this area, and there’s also a significant, yet untagged, liquidation level at $40 that we're keeping an eye on.
We’ll be closely watching Walmart’s earnings and price movements. If we see a negative earnings report and a subsequent drop in price, we’ll provide updates and discuss potential strategies. 🤝
