nicktussing77

WMT WALMART, TRENDS AND TARGETS, IS IT A GREAT VALUE?

BATS:WMT   Walmart Inc.
WEBSITE Update: Not ready yet, but kind of ready. I believe it will just be a simple forum section, and I may or may not include a paid discord from there for day trading. However, I'm hesitant because I enjoy providing free content, but I'm not sure I'd have the time for a discord at the moment.

Walmart:
They got some cool stuff.
The online shopping stuff, and store system seems cool (similar to amazon).
Okay, that's all I got for fundamentals.

Trends marked
The thickest red trend is STRONG
The other two trends are a wedge from the daily chart.
Which is pretty strong.

Blue path:
Guideline online, Helps me to keep track of emotions while trading, as I have a reference to what I was seeing at the time I planned the trade. It also allows me to zone in on incorrect predictions and see where it went wrong. Having said that, I could see it following something like this into earnings.
why?
Daily RSI is about to drop, which allows for a nice reset on indicators leading right into earnings.
I think Earnings is the play here. (Not the exact day, but on and around the day)
all the trends are leading into earnings. If we drop into earnings, it would allow for a move to the upside on or after earnings, However, if we see price pump into earnings, then I'd expect a drop around earnings. If that aligns with trends and support targets, and is within the buy zone, I'd expect a good chance for a move to the upside.

I think I covered everything.
I'll be looking to create an EA chart because I'm like 90% convinced that Apple is buying. It makes sense, a lot of those EA games are able to be played on mobile. It then allows Apple to keep up with MSFT, and spend some of their cash, and gives them a big use for crypto via in game transactions.
This is totally my opinion based on no evidence other than charts, and I'm essentially saying that it is possible, it makes sense, but the information has low confidence and low probability.
However, having said that, if not Apple, I think there is a solid chance someone else steps in within the next year or two.

Shopify:
I believe they make money (correct me if I'm wrong) by all these company apps. I'm not totally sure how it works, but it seems Shopify offers you a $1 offer for 3 months, which allows the user to create with limited risk, which allow these apps to justify monthly subscriptions to the user to help make their store better, I believe those third part apps then pay Shopify for the ability to exist on their platform. It seems like a winning situation all around.
Reason I mention this.
Walmart's online store and system is likely to work in a similar way.
It seems big locations like Walmart realize that keeping an open store is expensive, however, it has a huge benefit when it comes to moving items to a location. They have locations everywhere with constant shipments between stores. It also seems they realize that with online infrastructure allowing customers to create stores, allows wmt to make money from a third party, the user, the buyer, the manufacturer, and the provider.
Wmt probably also has some amazing deals signed with shipping companies allowing them to save a ton of money because they have the capital and volume to make these deals.

Does that seem right? Because I only did limited research on this.

Alright,
follow the trends, buy and sell the breakouts, especially if at support or resistance lines.
This is a Daily chart so expect a few months of movement, sometimes more, sometimes less.
An ideal path leads to Feb/March hiccup and a April/May move up. Oddly enough, this aligns with a lot of trends in the overall market.
(CONSPIRACY TIME, PROCEED AT OWN RISK)
It seems like big money knows another covid like situation is coming. And if I was to make a bet on which one, I'd assume China will be moving in on Tiawan. China wants the island to have access into the pacific, I'm not so sure they want a bunch of people fighting their occupation, which ultimately leads to the possibility of a targeted nuclear option and quick strike occupation. For the survivors, they can view China as the savior as they come in a restore order, and sadly to say, this option benefits the US in one way, they won't have to defend Tiawan, and the amount of money the us is making on weapon sales is insane. This scenario or even something similar will have a major effect on Semiconductors, as China would theoretically have control of some 75% of the supply of semiconductors.
Per a lot of interviews I've watched with former military experts and agents, it seems the consensus is the US would NOT launch a nuclear weapon in retaliation of a nuclear strike against an ally and possible even against the US itself, and instead would send ground units, and lots and lots of drone strikes.
In other areas, Egypt is threatening war with Ethiopia due to a dam on the water that flows into the Nile. Ethiopia is also currently within a civil war, and having Somalia next door can't be helpful. The US is obviously watching this closely, as this is right next to Yemen and the shortest shipping route in that area.
Mexico is currently at issue with the United States due to Water from the Colorado river (I think), and the united states politicians are trying to push through legislation to label cartels as terrorist groups, which would allow the US to conduct drone strikes and send in Military. Mexico is not in favor of this. They are fearing the US basically using this as an excuse to send in the military and take land. Which is a probably a legit concern, however, they really aren't doing much about the cartels, and with the amount of corruption, they probably can't do much about it. However, should the US take out these cartel, there will no question be some dramatic short term effects in terms of power, as cartels often acts as the law within their areas.
Why does the US care, well, mainly because Fentanyl is coming up through Mexico, and there is speculation that China is intentionally funding the cartels.
India is having issues with China over the Mountains, and has potential to spark into conflict, which then makes you wonder what happens with Pakistan.
North Korea and South Korea is changing from a Russia/US proxy war into a China/US proxy war.
If you invest in Samsung, you'll want to keep an eye on South Korea and North Korea.

BASICALLY, what all this means.. There is a lot of crazy stuff going on currently, and it won't take much to escalate. Be careful in the Market this year, and especially within the next few months, as the weather is more favorable for China when it comes to Tiawan. In other words, I don't know what will happen, but this is absolutely a time to be careful, as a lot of these tensions will directly affect supply overseas.





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