Walmart had a failed daily cycle 3, currently price is seeking a half cycle high. The blue line defines weekly price decline resistance, when price closes above this line on a weekly basis we know a weekly low is behind and price is moving higher. There is a possibility price will decline towards the 200 week moving average but before that we want to see how it...
when DOW Trump making America great again in addition to lowering rates
this Iconic Business may just surprise the rest ..
still under the grid hiding from the ROCKS STAR Amazon
Rationale: Following the previous earnings beat, WMT (Walmart) has sold off -12% from all time highs. It made its way down to a major support area at 152.70 - 153.67 which it broke below and then reclaimed after yesterday's FED meeting. It also bounced off of a long term uptrend line in confluence with the 60% fibonacci level.
Additional confluences:
- Rising...
The trend line was clearly broken on W1. We enter now on the D1 chart, or we can wait for a pullback to enter at a better price. Caution! This move might turn out to be just a larger correction. Therefore, always secure your transactions.
Idea to sell due to fluctuations. Currently it is on a downward trend and may be a good short, however it would be way more benificial to observe and wait for a low.
Thank you as always for watching my analysis on NYSE:WMT
In this video, I explain my technical analysis of WMT and why I believe it will be falling to the downside here soon. Please feel free to comment down below!
The chart posted is that of WMT Walmart I am now stating this stock bull run from1985 has ENDED first target 122 a final low is 85 a share I saw this forming on the weekly and was in court the other day and wanted to post but was exhausted .This should drop like Meta and last year
This is my bearish trend idea. However wait for a fall back to a key level after trend continue to downtrend momentum, because overall structure breakout and continue to downtrend. You can see it high time frame momentum. Good luck
Is Walmart stock sinking?
Walmart Inc. has revised its earnings per share forecast from 6.40 USD to 6.48 USD, significantly below market expectations. In addition, the company's revenue projections have deteriorated. Against the backdrop of decreasing inflation in the US, there has been a sell-off of the issuer's securities. Concerns about competition with the...
Hi Traders!
Let's look at WMT stock on a daily chart. Walmart price pumped the last days and has broken the long lasting upsloping resistance line and the rising wedge pattern. We expect the price to continue rising as the coming earnings are promising. The target price is 175.85.
What do you think? Let us know in the comments!
Retail earnings season is upon us. So far, FactSet notes that 92% of the S&P 500 has reported Q3 results, and the total beat rate is strong at 81% - the highest since Q3 2021. What’s more, the blended EPS growth rate is now seen at +4.1% - the first positive YoY earnings growth rate quarter in a year. Analysts have turned more optimistic about how Q3 progressed,...
