WMT trade ideas
WMT BUY OR LONG , TARGET UP TO $150 WMT confirms Pennant bullish at $135, target target to $150.
WMT buy : $135
WMT target : $150 +-3
Stop loss : 6%
Wish you a good deal!
Potential head and shoulders pattern for WMTNoticed a potential for this pattern to play out. Watch over the coming days to see if the neckline is broken leading to new lows for WMT
$WMT Flirts with a Key Breakout Failure PotentialWMT flirts with a meaningful "failed breakout" after strong earnings from it and Target in recent days. What's the next catalyst here? Tough to say.
If you are long and this catalyst-driven breakout fails, how do you not take something off the table?
Daily Wisdom 04 - Less is moreSometimes the most beautiful things happen without human intervention.
$WMt Walmart Support Zone to Watch
daily support held today once on higher than normal volume, support zone is between $132-130. where the rising 12ma also got touched today.
The Bulls now need to reclaim the breakout level @ $133.50 but maybe teh 3day rule applies before looking for long.
The indicators are beginning to roll over so caution needed.
Cup and HandlePossible stop below 125.2
Not a super deep cup, hence targets are not astronomical
Wmt has come back to fill gap it left behind so not issues there
WMT's handle low came dangerously close to Mid Cup after it fell from rising wedge it was in several weeks back. No longer in a rising wedge which are bearish.
The deeper the cup, the higher the targets, taking prior R and market mood in to account
Not a recommendation
Walmart Break up!!! Oh la la Just break up. Please look at the next level on Fib extension! GL guys!
PM me if u have questions!
$WMT Walmart Long Into Earnings
Earnings on Tuesday before the open, expectations
are for a rally.
MACD is reversing away from Zero-line
Histogram is ticking higher.
Volume steadily increasing.
7&12 ma's bullish cross above 20ma imminent.
$140 a conservative breakout target
$129 stop loss
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Walmart is expected to make big move post earnings $WMT BullishThis is a very easy long. Walmart ($WMT) like Dominoes ($DPZ) did not experience any major dump when the markets crashed and it was one of the first to rally. $WMT was sold off and money flowed out of $WMT into stocks that were crushed in May and June, $WMT consequently dropped below $120. It snapped back above $120 on the announcement of Walmart plus and retested above $130 and FOMO buying came aboard. After a bit of correction, it is expected to break out of its previous top and make new highs on strong earnings. There was no post dividend dump. $140 is an easily reachable target post earnings.
Waiting for breakout to long WalMartLooking to long Walmart once it breakout all time high.
Walmart raised dividend 2% during this pandemic signal strong fundamental balance sheet.
Walmart looking bullish heading into earnings.Great price action, exactly what we want to see.
Pumped into earnings with incredible price action, and a strong follow-through the 20dma. Slightly under the 20dma would certainly be my stop.
I think there are much better positioned for breaking through this topping point here.
Earnings are on Tuesday. I think we see a beat.
Will be interesting to see if there is any risk off into earnings.
P/E 25.22
Debt/Eq 0.85
Profit Margin 2.8%
EPS this Y +114.9%
EPS Q/Q +5.2%
Insider Own 36.1%
Institution Own 30.8%
Short Float 0.91%
$WMT Walmart $140 short term target
Potential long entry above $134
Fibonacci expansion & extension targets $140- $143.50
