WMT is potential earnings play. Its looking choppy in the top & seems forming a H&S formation. Moneyflow is getting weaker. It also has some insider selling. We think it has good downside potential with earnings. To play this We would look at $79.50 August Puts, currently $0.87. * Trade Criteria * Date First Found- August 15, 2017 Pattern/Why- Earnings Play;...
WMT completed a head and shoulder pattern without any substantial pullback in July. WMT is currently at the average analysts 12 months target of $81. However, according to Trefis and CFRA, the fair value of WMT is approximately 5% to 7% lower. A meaningful pullback of 10% to the 200 day moving average would not be unreasonable should investors be displeased with...
waiting for corrective move to complete on higher time frame retrace back to .382 area resistance and resume downtrend move quick clean swing moves with negative momentum and weak volume pressure monitoring price action for continuation trade to downside
Chart shows that price is being bewered in a strong resistance zone, which is trying to break once again. A 75.90 per share has an interesting Fibo confluence which may be considered as a "do-or-die" level as it is a level which validates or invalidates two Cypher patterns. Only a bigger one is shown, which would complete at 60.60 per share, while a smaller one...
WMT: Wall mart stores stores buy opportunity
The walmart stock escape the wave 1 and is in wave 3 right now. The potential wave 3 target should between 92.5-96. See you there in a year or sooner.
Watch this hourly bar for topping tail formation at double top. Could signal short term pullback.
On March 29, 2017 Wal-Mart (WMT) crossed above its 200 day moving average (MA). Historically this has occurred 192 times. When this happens, the stock does not always continue to rise. It has a median gain of 3.407% and maximum gain of 36.667% over the next 15 trading days. When we take a look at other technical indicators, the relative strength index (RSI) is at...
I'm long $WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance. Good luck, Ivan Labrie.
JD has been captured gains since the beginning of the year. Already 10% till now. Continue see strength and to see if JD could break 29.23 to higher. #Walmart has already increase stake in JD to 12%.
WMT, haggle around at this level till 19th January (20th option expiration). Then up to 70.87 by Feb 6th, and then possibly a strong bear move lasting till end March.
An extremely bullish candle today by WMT. Look for how it reacts to 72.09 and then 73.17 and 74.54 as your next upside targets
It bounced very well from 56.15, I'm not sure if it will make it till 45 or 41, I'll update my idea later
Low risk entry to short walmart at 0.618 retrace on the hourly chart.
buy @$60.34 strong weekly support at X price level.
WMT is offering a great entry for the long term here. Free cash flow yield of 6.8%, earnings yield of 5.6% with very low debt, with a 2.94% dividend yield on top make for a solid spot to acquire WMT shares. You can buy here, or buy gradually over a week/month to average your entry. I'd reccomend either risking a 3.1usd decline, or using no stop and sizing it...
Walmart held nicely at the .618 Fib level, but looks like it might drop down to the .786 fib level soon. Looking to buy some calls if NYSE:WMT drops to and shows support at $65.40. Any thought, ideas, opinions? All are welcome.