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,...
Walmart (WMT) stock trades at $166.03, with a market capitalization of approximately $447.1 billion and an enterprise value of approximately $498 billion. A closer look at the financial metrics reveals earnings per share (EPS) of $5.2138 and strong cash flow, with operating cash flow per share of $14.1336 and free cash flow of $7.2339. Walmart's current ratio is...
Hi Traders!
WMT price has broken the long lasting support line and now it became resistance. We expect the price to break down from the support line. Take a short position when the breakdown happens. The trade is invalidated if the price rises above the resistance line and reclaims it as a support.
Let us know what you think of this idea!
We are in the correction, and I think it will continue for more time.
But the Trend is still Bullish in the long-term.
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WMT strongly bounced from a major support level on 6 October. This level is also the 38.2 retracement level of impulse wave 5 of the motive wave. WMT may go up a couple of days before coming down to retest this level again. Given how strong this support level is (look to the left of the chart), I expect WMT to go up after retesting this level.
It seems that WMT...
Hello traders!
On the chart we can see that the price broke down the pattern. We expect the line to act now as a resistance and that the price will get rejected and go lower.
Each green line is take profit level.
Short position can be taken now at the upsloping resistance. Stoploss is shown on the chart.
