We can take a pair trade here. Let's enter long WFM/WMT. Basically, we'd consider risk per share, to determine the amount of shares to long and short on each leg of the pair, but not use any stop loss. Profit will result from WFM outperforming WMT in the coming months. Good luck! Ivan Labrie.
I think this is a great chart and study of the application of Wyckoff. I don't claim to be an expert as only studied a few publications; however, I diligently apply it as I find logic more applicable to "technicals." 1st I'm not sure I would over-react; but longs should be aware that we may be witnessing DISTRIBUTION on a QUARTERLY timeframe. Prices are...
WMT is showing signs of accumulation. We can also see below that buying demand remains present while cumulative selling pressure is contracting. Price discovery is not trading high with much ease as we resistance because of possible longs trapped in last August positions and new shorts entering. Volume is contracting so I suspect prices will pullback again to...
Target is trading below value as we see rotation of the point of control lower; however, bulls have clearly established support noted on volume profile. Looks like a good long and short swing.
We have an interesting setup here. We can try a pair trade where we'd short WMT and long the same amount of WFM, or we can simply go long WFM, either buying stock or trading bullish option strategies ahead of earnings. If trading stock, you can use my suggested stop loss location. If interested in my trading signals, or in personal tuition, contact me privately....
WMT is offering a very nice entry, after forming a new weekly mode, which implies the strong uptrend is seeing reaccumulation at higher levels. I'm looking to enter longs at market, at the open, ideally on retrace to the mid point of the green triangle on chart. Stops should be below 67.40, for example at 66.51, or using 3 times the daily ATR. Yield is very nice...
Looks like this may bread out to the upside. Bullish momentum divergence. On watchlist.
Show me how much Buffet takes care of his stocks. Hoping to pick some up on a pullback. Reasons Broke through dynamic Resistance Broke 100ma and 200ma Buyers entering market, lot of bounce potential Yo fuck target. heh Good Luck
For WallMart stocks, 2015 was not a good year so far... Trading between macro means on long term basis, price signalling uncertainty. Price has recently failed 5-year mean at 69 and is now between it and 10-year mean at 60. No trend on macro basis is an outlier, indicating that currently long term institutional investors are unsure regarding this company. On...
Potential double bottom forming. Nice NWS today. Good volume on the hourly.
We note that price has been trading along bullish uptrend line, from Aug 2011 to May 2013. However price has been consolidating sideways since June 2013 until now. We note a possible Diamond Top Formation close to breaking out. The breakout will likely happen after price manages to trade and sustain below 75.00. The objective of the pattern will be to reach...
A possible long position in WMT in the near future, upon confirmation of bullish trend - (price above Ichimoku cloud, MACD, MA's or your own chosen set of indicators). It's a well-known consumer brand that pays a high dividend and there has been recent positive publicity relating to this stock in popular financial press - www.fool.com DYOR.