WMT levels**Walmart reportedly launching Amazon Prime-like subscription service
WAIT FOR 128 TO BREAK FOR A MOVE UP TO 331,133.
WMT trade ideas
WMT WMT HAD A STRONG CLOSE. OVER 228 CAN SEE 230, 232, 234.
MY CURRENT POSITION: 229C 7/10 $.69
(I BOUGHT ON THE 228 BREAK.)
Bull Penant on $WMT could be a +$6 move if it continues upwatching a possible Bull Flag on WMT (Walmart) to see if we get a break to the upside we could continue +$6 more. This challenge to AMZN is exactly what a $100 stock needs.
WMT - $WMT - busted the wedge, Resistance in yellow, fib showing the upside of 139 over the coming weeks to months.
WMT 130 EOW$WMT!!!!!!!!!!!!!! Wow, I am so happy with this play. Glad I was able to call it out as well as others in the discord. WMT just announced their WMT + which will compete with Amazon. Cheaper and has the potential to fight Amazon. Volume is incredible. Price target right now is 130. My call expires on the 17th so I have some time. Weekly calls for the 10th could be played as day trades. Should see some pull back Friday. Also have a long term WMT call that should print.
WMTWalmart (WMT) had a massive day today on news that they would be releasing Walmart Plus as a competitor to Amazon Prime. This created a significant breakout upwards of almost $10. After-hours trading saw a continuation of the uptrend. If the market holds steady, this may look for a potential gap fill towards the $132 resistance area. Additionally, today's surge creates potential for a gap fill down that may be seen in later weeks. (NOT SHOWN: RSI is sitting at 67 after the day's trading.)
WMT - A Beautiful Chart, Recession Proof CompanyWhile others will publish just about anything to keep their click count and reputation up while first BEGGING you to LIKE their post PRIOR to even READING it, I ask you to first read my idea and THEN decide whether to contact me with questions or like my post. I'm here to help you find opportunities for trades and investments - not to beg you to raise my reputation. Now to the idea:
$WMT weekly chart - it's a beautiful thing. Walmart is as close to a recession proof company that you can find. Pharmacy, clothing, grocery, home improvement, toys, sporting goods, they have it all. They report next month and they will absolutely knock it out of the park. I can see this easily going to $150 and beyond. It's a core holding in my portfolio.
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WMT No brainerThis is a nice SMA trend follower. exit point for me will be between the two red lines which are the .328 fib and .5 fib retrace. It may go higher than that, but will take too long for my liking.
50%$WMT - hitting into the 50% fib lvl here and still in this descending wedge. watching close for a break this week.
Next target 125?We have a reversal bullish candle. Short term target 125. Long term is bearish. 112 is downside target.
Reversal double bottom in WMTWMT showing double bottoms, if June 22 confirms that DB line is crossed we could be watching a fight with $121 resistance during the week, if this is surpassed a next resistance in $123
Walmart WMT: $117 | unsettled deals at 110 to 105 levels a volatile issue at tops means disturbance
some folks are just eager to get out and re visit sub 110
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de coupling from unch rate aka Qs and SPy fund managers
WMT: Bounced off 200MABounced off 200MA a few times since 2016
Did it again this week.
May retest 133$ high
Watching
WMT - Trade position I will be buying calls on WMT today. I love the double bottom off the 200MA on the daily chart here. And the nice pull back from the run it had from the end of March. I'm going to be buying at the money 120 calls expiring Aug 21. If this trade goes bad it should retest this 200MA on the way down, so it also gives me a place to get out on a retest.
WMT - RubberBand Algo Update 1 - Questions and moreThis week I started working on my first filter algorithm. The sole purpose of the program is to filter stocks who's trading price closes below the lower Bollinger band (80 day period) in the TSX, TSXV AND CSE. We use algorithms when the inefficiency targeted is persistent. Meaning that the trading opportunities occur over and over in a similar manner. EXAMPLE - identify the stocks who's price closes below the lower Bollinger band assuming the stock is being oversold, meaning that there is a good chance the price will bounce back after the sell-off.
This is not a trading bot since the user has to scan from the stock list, and manually input the buy/sell order. Which at this point is an advantage since the algorithm has absolutely no data to justify any decision it could make on its own. Now that that has been clarified, here are some of the notes I've taken from the first trial. Some positive and some negative, but I am hoping that through tradingview I will be able to connect with more experienced traders and developers to help me answer some questions.
Positive - the algorithm is able to detect the stocks trading below the lower band, reducing the time and effort one would take if we were to look for those conditions ourselves.
Negative - 1) the algorithm fails at focusing ONLY in Canadian markets. 2) the program is unable to determine chart periods, meaning that each candlestick can either represent one day, 3 hours, 1 hour, 30 min, etc. which makes the holding period extremely inconsistent given that some events are just occurring during minutes or days. 3) Even though the purpose is to filter stocks, the pool itself is still very large since the program is unable to discard stocks that are oversold and simply don't have the volume to bounce back, or for some other reason, the company suffered major financial damage and it's a Lehman/Enron stock.
Given this week's progress, here are some of my questions:
1) How can I code an API that's strictly focused on getting input from those 3 Canadian exchanges?
2) How can I go around getting an API Key that's going to give my API access to those markets in the first place? (again Canadian exchanges only) *I have contacted a few people from their websites. but haven't gotten any response yet.
3) What ways would I be able to source for cleaner data in order to improve the accuracy of backtesting? Meaning how can I code it to look past the Lehman/Enron stocks? If someone is kind enough to drop the boolean expression to do so, I would appreciate it.
4) My programming language of choice is python but is there someone out there who prefers a different language? A recommendation I got was Ruby, so is anyone familiar with it?
5) I've noticed that a lot of the open-source algorithms out there focus on forex and crypto and I am wondering if there is a specific reason for this? I'm having a hard time finding projects involving stocks, even in the almighty Github.
I appreciate all comments and thoughts that will help me find some of these answers. My background is in business finance, and my CompSci knowledge is focused on UX design mostly, perhaps you understand now why this project is so important to me. On top of creating a potential IP asset, it's also a great learning experience to enhance my career.
Walmart LongSequential 13 buy on the daily. If we can hold $116-$117, I'm lookin gat a possible 13% move.
WMT , Forms Downward wedge after a long bearish run down ...Hi , Good possibility this will run up in the next few days if it can break the wedge up .
Entry 119.04
Stop 116.18
Target 127ish
Good Luck ~
Trying out RubberBand Algo with WMTThis week I am going bullish on Walmart. I usually don’t trade stocks this expensive but my algo picked it up. Current price trading below lower bollinger and EMA. This is my first trial blindly trusting my algo which is simply coded to mirror Matthew Kratter´s rubberband strategy. However, I decided to also toss in the EMA to shorten my holding period to a maximum of 3 or 5 days.
Current price is 117.74
Entering my position at 118.72
Exit target is 125
Only bought 20 shares, unfortunately my portfolio size isn’t as big as I want, but if I manage to make this algo work you can come back when I am 30 years old and ask me how my portfolio is performing haha
Here are a few questions for the experienced traders out there;
1) What’s your weekly return on average? I am trying to work on a bot that can give me a 1% weekly return and I would like to know if this is a realistic goal
2) If you’re trading in Canada, what broker to you use? I am using Questrade, which charges me a flat fee of 5 CAD per trade but I am wondering if there’s anything cheaper (or better per say)
Please leave a comment or any thoughts that might be useful. The reason why I like TradingView so much is because it has allowed me to connect with actual experienced traders and knowledge is power after all.
WMT Setup on DAILY - Update from June3 (Link in publish)WMT WALMART
Setup on DAILY.
ENTRY = 117-119
1st Target = 618@121
2nd Target = 786@127
Hodl Target 133+
Bottom of current regression downtrend.
Holding 200ema & .5fib@117.94support
Stoch, macd, ttm squeeze & momentum setup
Information is in the chart.
This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
