Wallmart had a really hard time to beat its all time high. And even when the price rose above the All Time High, it was immediately sold off again.
But now it could be the time for a big breakout of this hard resistance zone. The trend started soft and takes on a healthy strength.
If the price manages to break through the resistance zone, a long-term uptrend...
Straddlle detected up to 15-Sep.
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance.
We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Use them in com
Earnings 8-17 BMO.
Price is traveling in a Rising Wedge that is not valid until the bottom line is broken and it has not been broken as of yet.
I have noted that rising wedges which are bearish in the end, can be especially ominous at earnings.
It is possible for price to break up from a rising wedge and as the 2 upsloping lines converge at the apex, price can get...
Bullish continuation pattern
Look to ride the wave up
Flag high and tight pattern
Expecting good news from Walmart cooperation in next 2 weeks
Long opportunity
Walmart - 30d expiry - We look to Buy at 154.33 (stop at 150.33)
Price action continues to trade around the all-time highs.
Trading within a Bullish Channel formation.
We look to buy dips.
The primary trend remains bullish.
Trend line support is located at 154.
This stock has seen good sales growth.
Our profit targets will be 164.33 and 166.33...
In the weekly chart, I see the long uptrend run in its final stages.
My final target is the 163.27 to 174.55 range, corresponding to the 100% to 161.8% ABC extension.
WMT may be benefiting from the potential suspension of federal rate hikes potentially
giving consumers more buying confidence and maybe a stabilization of credit card rates
as another form of relief. On the 4H chart, WMT is showed with a pair of anchored VWAP
bands set at the beginning of a prior breakout on June 30th and the pivot high on July 5th.
Price had...
When price clears: 154.64
With daily volume greater than: 5.89M
Target: 163.75 area
Stop: Depending on your risk tolerance; 151.62 gets you 3/1 Risk/Reward.
Resistance: 160.77 area
This swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade...
Hi,
Waited for the end of June and we got the highest monthly candle close in Walmart history!
The area between $150 to $154 has been like a nightmare for WMT. As you see in the image it has tried many many times to make a breakthrough. Finally, it happened, barely but still, the price of Walmart has got the confirmed move, at least I like to think like...
Walmart has been trading inside a Channel Up since March and just formed a Higher High Top, same as on May 10th.
The main Support is the MA100 (1d) and long term the MA200 which is holding since October 21st 2022.
Trading Plan:
1. Sell on the current market price.
2. Buy at 152.00 as long as the candle is closing over the MA100 (1d).
Targets:
1. 152.00 (bottom...
WalMart stock is accelerating!
This chart shows the weekly candle chart of Wal Mart stock since the end of 2019. The graph overlays the golden section above the 2020 low point. As shown in the figure, the low point of Wal Mart stock in May this year just stepped back to 1.382 in the golden section of the figure, and the low point of the past three weeks just...
The PEAD projected a bullish outlook for NYSE:WMT after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
If you haven`t bought WMT Walmart here:
Or sold it here:
Now Analyzing the options chain of WMT Walmart prior to the earnings report this week,
I would consider purchasing the $155usd strike price Calls with
an expiration date of 2023-7-21,
for a premium of approximately $4.10
If these options prove to be profitable prior to the earnings release, I would sell...
WMT basically triple topped with accumulation significantly lower than 2021 (not shown because I don't want to change my template, lol)
I don't think earnings will be good enough to justify this recent runup the past couple of months, bought some puts.
Remember, earnings is a complete crap shoot, the market pumped TGT on poor guidance today, lol.
