WMT trade ideas
Walmart bearish swing to $122.60One of the limits for the year has been triggered by this stock so I am short the stock.
I typically close instruments based on weekly close so a weekly close above $148.20 is my reason to close and potentially switch sides.
This trade will be held for weeks once it goes into profit.
I got filled at $142.90 with a SL of $151 with a target of $122.60
This is for entertainment purposes only.
Trading come with risk and you should consult a financial advisor for financial advice.
good dip entry here, but be careful if support breaks.potential dip entry, trying to bounce off simple moving average and big trendline support. entry 145 stop loss 141 target 153, decent risk reward.. this one moves too slow for me and doesnt hold gains at all though, so im not touching it for now. goodluck to longs though :)
WMT Long Income Walmart had a great day today despite the selling on the first day of trading for 2021. Hidden Bullish Divergence mapped out using the trend lines on price action and the RSI. Almost have a golden cross on the MACD daily time frame. Also, trading above the 200 SMA on daily and weekly time frame. I don’t see why you would not take a position here.