WMT split 3/1 today. Looking back over the years, the WMT stock almost looks like a crypto that never crashed. Its gone up consistently over the years.
WMT can be traded technically of course. But one of my friends who is a successful options trader likes WMT for its fundamentals. And I think that shows in this chart over the decades of Walmart's history.
Some people hate Walmart for some of their business practices, but people continue to choose to work there, and people continue to choose to shop there. That says a lot.
Chart patterns are fun to trade if technical analysis is your focus, but if you're looking long term at all, fundamental analysis is not to be ignored.
With the split, there are some benefits to us traders. At a cheaper price, more of us can trade more. That means more volume and liquidity in the market. If you sell options, you might be able to afford WMT options now if you couldn't before.
I'm not sure how the split will affect price...there is an active bearish pattern. But in the long term, no doubt WMT will continue to grow its business and maintain its decades-long trajectory.
Happy trading out there!
WMT can be traded technically of course. But one of my friends who is a successful options trader likes WMT for its fundamentals. And I think that shows in this chart over the decades of Walmart's history.
Some people hate Walmart for some of their business practices, but people continue to choose to work there, and people continue to choose to shop there. That says a lot.
Chart patterns are fun to trade if technical analysis is your focus, but if you're looking long term at all, fundamental analysis is not to be ignored.
With the split, there are some benefits to us traders. At a cheaper price, more of us can trade more. That means more volume and liquidity in the market. If you sell options, you might be able to afford WMT options now if you couldn't before.
I'm not sure how the split will affect price...there is an active bearish pattern. But in the long term, no doubt WMT will continue to grow its business and maintain its decades-long trajectory.
Happy trading out there!
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