Looks like Double-top at 69.50
Therefore:
Short @ 68.75, with Stop-Loss set at 70. Target = $65
Mechanics:
Buy-to-Open: Feb 70 put
Sell-to-Open: Feb 65 put
Net cost = around $1.50
Potential Reward = $5 - $1.50 = $3.50
If stock falls below $65 before 3rd Friday of feb 2013, we will collect $5 (the diff between the strike prices)
This is from last friday. There are some obvious supports and resistances that seem to position them selves at every 1/10th of a dollar. After the third support (marked orange) the share price took a dive. And the went straight back up again. The idea was to try to find a pattern and a signal line which could have indicated when one should buy and sell if he...
Clear Momentum shift.
Severe Money Flow Divergence.
Double top Pattern
Trend strength is low and DMi Cross is imminent
Bearish Sell signals will be triggered with a break below trendline.
Disclosure: This is not a buy recommendation. This is an example of a possible trade I would/could make responsible for my own account. I am using tradingview.com as a forum to post my ideas about possible trades and learn from the ideas of others. Please comment my opinion and discuss with me this trade possibility. I am not a financial advisor or an analyst. I...
WMT should head to the short side after a quick test of resistance. The stock has hit all-time highs, and like a runner, it has only taken two breaks in 2012. It's due for a pull-back.
Candles that stay above the BB(100) and the BB%R above (1) signifies EXTREME BUYING PRESSURE.
The END of the move is usually confirmed by the crossing of the SMII (100)
Entered long at 72.00 thanks to timwest
WMT has historically generated steady cash flows, and the trend is expected to continue for the retail giant, as it continues to out-price its competitors. For a number of years now, the company has successfully implemented low prices on a wide range of products, thus attracting consumers to shop at WMT. Moreover,...
Here is just another way to look at how nicely WMT is positioned versus the overall market. The recent wave of news pushed WMT down to a decent level and the recent linear-rally in the overall market (perhaps dragged up by technology and oil shares) has a reasonable profit-potential sitting on the table.
Upside: 5% in the next two weeks.
Risk: 5%.
By: ...
What I like about Walmart:
WMT has global diversification, a
recession-proof profitable track record,
steady growth, strong financial controls and
makes a far "safer" investment, in my mind,
than treasury bonds, notes or bills.
What makes Walmart unsafe is that it is
a stock, and stocks values can change
dramatically in a short period of time.
However, if you...
