A classic divergence on the daily stochastic mixed with insider selling ($4.5 billion) equals a possible local top. That it. That's the thesis. Keep it simple.
Using Jan 25 Puts @ $61.67 for $4.25 a contract. This is very cheap. A run of the mill 10% correction yields a 100% gain at expiration. Hopefully much more If the divergence plays out and this is a local top!
Market Contextualization:
The stock of Walmart Inc. (NYSE: WMT) has captured the market's attention following its first 3-for-1 stock split in nearly a quarter of a century. A maneuver emblematic of the company's robust financial health and a testament to its desire to democratize share ownership, particularly for its employees. The split, purely structural in...
Walmart should find support soon at this zone and this is the zone where I will go Long for targets of 62.84 to 63.50. Once we get a bounce Ill be hedging as well so either way money will be made despite what way this stock goes....THE main trade, however, is long bias.
Walmart is pulling back aggressively on what is a technical correction following deeply overbought RSI levels on the 1W timeframe. The 1D technical outlook has already turned bearish (RSI = 41.808, MACD = 0.470, ADX = 29.295) and is expected to extend towards at least the 1D MA100, as per all prior systemic pullbacks inside a logarithmic Channel Up pattern that...
Walmart (WMT) has been trading within a Channel Up pattern since the May 20 2022 Low. The current Bullish Leg is approaching the pattern's top (Higher Highs trend-line) and the probability for a correction becomes greater on every up move.
As the 1D RSI has been on a Bearish Divergence since February 20, similar to the April - May 2023 Divergence, we are...
🔉Sound on!🔉
Thank you as always for watching my videos. I hope that you learned something very educational! Please feel free to like, share, and comment on this post. Remember only risk what you are willing to lose. Trading is very risky but it can change your life!
In a groundbreaking move aimed at revolutionizing the apparel industry, retail giant Walmart (NYSE: NYSE:WMT ) has embarked on a visionary collaboration with unspun, a trailblazing fashion tech company. This partnership signals a significant stride towards reducing environmental impact, fostering sustainability, and revitalizing U.S.-based manufacturing.
At the...
Walmart is technically bullish on the 1D outlook (RSI = 66.294, MACD = 1.320, ADX = 41.735) but has reached the top of the 18 month Channel Up. With the 1D RSI Double Topped inside the overbought zone, the current price is increasingly unstable and the rally since the December 11th 2023 HL unsustainable withouth a correction. The three main pullbacks inside the...
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...
Members of the Walton family sold roughly $1.5 billion worth of Walmart Inc. ( NYSE:WMT ) stock at the end of last week as shares hovered near a record high.
The Walton Family Holdings Trust ( NYSE:WMT ) sold about 8.82 million shares between Feb. 21 and Feb. 23, according to US Securities and Exchange Commission filings from late Friday. The notifications were...
## WMT Stock: Short Fundamentals, Recent News, and Disclaimer
**Fundamentals:**
* **Company:** Walmart Inc. (WMT) - A multinational retail corporation.
* **Market Cap:** ~$440 billion (as of Feb 23, 2024).
* **Stock Price:** ~$145 per share (as of Feb 23, 2024).
* **P/E Ratio:** ~23.5 (as of Feb 23, 2024).
* **Dividend Yield:** ~1.6% (as of Feb 23, 2024).
*...
Walmart, the retail giant known for its everyday low prices, is embarking on a significant change that has investors buzzing. On February 26, 2024, Walmart will undergo a 3-for-1 stock split, a move aimed at making its shares more accessible to a broader range of investors.
CEO Doug McMillon attributes this decision to the vision of Walmart's founder, Sam Walton,...
Walmart ( NYSE:WMT ) has announced its acquisition of smart television maker Vizio ( NYSE:VZIO ) for a staggering $2.3 billion. This bold move by the retail giant underscores its commitment to innovation and diversification in the face of a rapidly evolving market.
The acquisition, revealed alongside Walmart's robust fourth-quarter earnings report, marks a...
Walmart, the retail behemoth, seems to have exhausted itself with the superb run seen in the share price from a low of $149 to $170 since the end of last year. We have a demark 9 exhaustion sell signal followed by bearish divergence (Price higher high not confirmed by lower high in the RSI). In addition we have seem the MACD cross down which could be suggesting...
Walmart's Earnings Report: Navigating Market Reaction and Embracing Growth Opportunities
Walmart's recent earnings report sparked a market reaction that many deemed an overreaction, considering the positive trajectory revealed in the company's outlook for 2023. Despite initial disappointment from Wall Street, there are three compelling reasons to believe that...
Walmart Inc. (NYSE: NYSE:WMT ) has recently announced a significant development in its financial strategy – a 3-for-1 stock split. The decision, driven by a commitment to inclusive shareholder participation and a desire to align with founder Sam Walton's vision, reflects Walmart's ongoing dedication to its associates and a long-standing legacy of fostering...
Over the past few trading days, the Walmart stock has continued along its path toward our magenta Target Zone (between $164.10 and $170.42), steadily recovering from the drastic sell-offs that happened in mid-November last year. Our Target Zone should now be reached soon, and we expect wave (2) to conclude there, which is why our Zone presents an opportunity to...
