WMT trade ideas
WMT Gap Fill Soon?WMT gapped up after earnings and continued momentum after a couple of other retail earnings beats. It has created quite the gap volume gap below and I think we fill it rather soon. Acting weak relative to the market the past couple days. Volume seems to be dying as uncertainty lingers. WMT in the recent past hasn't reacted bullishly after earnings.
WMTThis chart is absolutely disgusting imo. Guess who's at the volume POC? The Waltons. If they don't want the stock at $140, I don't either. Ideally would like a bounce at this trendline to get in some dated puts.
WMT: Post ER Gap FillWMT: Post ER Gap Fill and is leading the market >6% to start the morning session. Price action has developed over KL of 200sma. Intraday opportunities exist as well with the high RVOL for current trading session & relative strength vs indices. On watch for other retail ER that can affect sentiment. Bias: Bullish // ATR: 2.77, Beta: 0.53, IV: 23.62%//
$WMT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WMT after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 83.33%.
2X $WMT TP1 HIT $7 MOVE FOR +5%!$WMT is reporting earnings this week and we are looking to buy and hold! There is a gap to be filled @$147.50 area! This move is an easy +10% trade. Wait for confirmation set parameters and let the trend & volume accumulate!
WMT bigger pictureLooks like a typical cup and handle right now. The EA was good, even with this high inflation. If we consider this was really the peak of inflation, the consume will recover then if not we could see another down turn for the retail sector. But even though with high inflation WMT positioned itself in a very good state.
(For example, reducing supplier costs to keep the products as cheap as possible, also they develope the own internet platfomr even more.)
I see a possibility to see the $150+ level again
WMT UpdateProfit warning and now it's higher than where it was before the warning, lol.
I think it's repeating the highlighted pattern, holding puts until EOD Thu, if it doesn't go down by then I'm gonna give up.
Kinda depends on what DJI does since it's a component, but seems a bit strange that DJI and XRT (retail) are down, yet this crap is still green.
WMT Walmart LONG Swing TradeWMT beat earnings by 10% and has been upgraded for targets as a result.
The chart shows heavy relative volume ( 4X the running average) reacting to the earnings.
WMT has a 10% upside to the resistance of sell order blocks above.
WMT is now set up for a long swing trade with either the stock or call options at
an expiration a bit before the next earnings.
Walmart WMT Beats Earnings - Walmart beats on earnings estimates.
- Technically: price gapped up to begin to close the gap that was create with the profit miss on Earnings in May (Gap started at $147)
- Analysts price targets sit around $145 (median).
- Price got to a high of $140 today.
- From what many are calling a potential bottom for WMT, the stock is up 19%~
WMT - Walmart - Would you short this?Here's some detail on my short idea on Walmart. I'm giving you plenty of time to plan for this. We've seen a clear impulse on this little guy but I expect that things have stopped in late 2020 as we've been moving sideways for about 18+ months. I expect this to continue for about 2 more months. The closer we get to 21 months (if you've been following me, you know the significance of that number), the better off we are for a top here.
Now, to the technicals. I have a few different measurements here:
1. Measuring the wave 5 top (around Nov-Dec 2020) to the wave (a) buttom (around Mar 2021), we see an expanded target around $161 to $165
2. Trend based fib extension measuring from the wave (a) bottom (Mar 2021) to the wave c top around August 2021 and the pullback to around Mar 2022 gets us a 100% extension target around $159 and a 123.6% target around $167. Both of these are corrective targets based on the current structure.
3. The measurement noted in point 1 above gives us an expanded flat target around $120.
Timeframe for hitting a major top on WMT will be mid to late June and I will be looking at LEAP style short positions around that timeframe. Set a calendar reminder to come back here in 2 months and we'll see where we are.
I could be way off with this, but I'm going to be bearish on WMT for at least a year after this expanded target gets hit.
WMT long from key supportThere could be a good entry for long position, if the market gives an opportunity for buying at 117$. We expect the price to retest lows from June 2022 and hold the support.
If you want to short it, wait for rejection from the red line.
$WMT 1D BUY SETUP ANALYSIS +10% MOVE!$WMT is reporting earnings this week and we are looking to buy and hold! There is a gap to be filled @$147.50 area! This move is an easy +10% trade. Wait for confirmation set parameters and let the trend & volume accumulate!
WMTI like wmt for earnings. the stock could go up or down a lot and I look to get in before earnings
WMT Walmart Options Ahead Of EarningsLooking at the WMT Walmart options chain, i would buy the $135 strike price Calls with
2022-9-16 expiration date for about
$2.45 premium.
Looking forward to read your opinion about it.
Buy $WMT - NRPicks 10 JunWalmart Inc. engages in the operation of retail, wholesale and other units worldwide. The company operates through three segments: Walmart U.S., Walmart International, and Sam's Club.
Walmart Bearish FlagWMT Bearish flag… price target around $110… net income also down from same quarter of last year.
WMT-SELL strategyThe guidance had come out and we traded below 119.00 coming from 132.00. This was a gap down, and the three day rule, plus we are already NEW MOON phase, suggest likely a move to test 117.00 support line.
Strategy is SELL current 121.50-122.00 and take profit near 117.00. Re sell if confirmed broken below 117 as we would be going enroute 103.00-105.00.
Accumulate this at 118 -119 a share, corrective wave B startingAccumulate this at 118 -119 a share, corrective wave B starting
WMT on the verge of breaking extreme trend support ! :Sbreak of this trend will lead to a huge selloff! we can expect a dump to 96-64 and maybe even 32 lol... lets see what happens!
Walmart Bottoms Relative to S&P 500This chart shows three things. First, the candles show how Walmart performs relative to the broader market (S&P 500 ETF - SPY). Second, it shows how that ratio changes as the unemployment rate goes up (light blue line). Third, it shows the 25-year support line of Walmart's relative performance to SPY (red line).
Notice how Walmart's relative performance goes down as the unemployment rate goes down, and goes up as the unemployment rate goes up. Walmart typically fares relatively better during economic downturns presumably because more people seek out bargain prices.
Also notice that, following its inflation warning, Walmart's performance relative to SPY is near its 25-year support line. One could reasonably argue a couple of things: (1) We are possibly near a bottom in terms of Walmart's underperformance to the S&P 500, and (2) If this correlation is predictive, the unemployment rate may soon start to rise.
Just remember that this is a relative chart, so it does not mean that the price of Walmart's stock will go up from here. It just means that Walmart may soon begin to shift from underperforming the broader market to outperforming (if the stock market is falling, then Walmart may fall too but by a lesser magnitude). This shift can take weeks to months, but once underway, can last for years.
While I am not providing financial advice, and encourage everyone to fully analyze the risks of their own trades, I am considering adding Walmart to my portfolio as a form of recession hedging. I am waiting for the possibility of Walmart to fall as much as 10% more in terms of its relative performance to the broader market (SPY), once it consolidates there I will likely begin accumulation. To read more about why I think a recession is coming you can click the link below in the related ideas section.
WMT:Consumer spending declining?Walmart
Short Term - We look to Sell at 127.66 (stop at 133.76)
This stock has recently been in the news headlines. They issued a profit warning ahead of earnings. Our outlook is bearish. A firmer opening is expected to challenge bearish resolve. Resistance is located at 128.00 and should cap gains to this area. Preferred trade is to sell into rallies.
Our profit targets will be 112.83 and 108.00
Resistance: 136.00 / 145.80 / 160.00
Support: 112.80 / 105.00 / 85.00
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WMT-SELL strategyThe after market already is trading @ 118.66 close a large decline. The stoch RSI already was negative during the trading day as a note.
It is likely we will test little lower, perhaps 113-115 area before market may stall a little. The NEW MOON phase we are going to be in will keep pressure on stocks in general. Ultimately we see WMT somewhere 100-102.
