WMT trade ideas
WMT-BUY strategyWe are basing well and we are slowly starting to go higher.
The GANN Fan resistance which coincides with FIB. is near $ 128.00. I would suggest take profit on longs near that area, and perhaps $ 126.75 - 127.25.
make or break area for Walmart >.<WMT at a trend support that has held for so many years! will it bounce again or finally break?
bad news for longs if we don't hold this support, long trigger at 128.21, short trigger 115.40
WALMART - time to watch for reversal?A flat structure on daily, as an option. Wave C traveled 1,618 of the distance, covered by wave A.
This is a nice level for a reversal. Need a confirmation
Strong correction for WMT!!After the earnings report WMT fell over 10% and that is every bears dream especially as we may be entering a bear market things are looking bleak. However there is a difference in a healthy bear market where money is lost gradually and isn't lost 10% overnight. so as the overall long term position on Walmart right now may be bearish the short term for this next wee may be a correction up to the 125$ region on Monday and we can see whether the bulls can break that and jump it up to around 130-135$ area.
WMT selling off cools downThe down trend is broken in 15min chart, there are signs the stock is bottoming or near bottoming for the short term.
Long WMT Long WMT after a crash down to the 76 fib. Always love to buy these. Breaks of 76s can turn into capitulation so stops here always go just a bit behind there.
Walmart...more down to go?WMT is showing a down trend that appears to continue tomorrow and possibly later. I would expect it to flirt with $119.55 tomorrow. If it goes below that price It could go as low as it was in 07/2020. This is not financial advice. I will be looking at more puts for day trades on WMT using the flawless day trading strategy. This is chess not checkers so I will be looking at JULY 1 plays.
$WMT Walmart back down to $122?I think we're in the process of seeing a fake breakout above resistance. Over the past few weeks, price has moved up past the $152 resistance, but price looks like it's now rolling over. Upon a break of that $152 resistance on support, it sets up the possibility for price to crash back to the $122 region before finding support.
I've put key dates on the charts for changes in price action, let's see what happens over the next month or two.
$WMT with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $WMT after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 100%.
Walmart.... trend down! Walmart the biggest revenue company in the world , declares it cant provide more profits consistently in 2022, institutional investors knew it far before and set a huge sell off today. For you mere mortal I`d suggest take the trend and realize something bad is coming up in the Usa economy maninly if Fed decide to raise rates faster than it might be. Fingers crossed and be ready for way down. Investors... NEUTRAL OR SELL IT!
Pull Back Fishing/Has Broken Down from Rectangle TopOUCH! Huge red volume bar!
Rectangle has broken bottom trendline.
Longer term moving averages may have fooled some folks as they do not look bad, yet. Moving averages can be a lagging indicator like analysts )o:
Perhaps a short term short.
I am letting the dust settle.
No recommendation.
Long WMT above 144.58Alligator's Mouth is closed both in the Daily and Weekly.
Fractal on the daily is 142.98, and 144.58 on the weekly. First entry could be the daily and heavy add on on the weekly.
Going long if train departs to the upside at 144.58.
Walmart Analysis - BullsAn Analysis showing two periods one of stagnant sideways movement and one of large growth
The first led to a 600% gain, if repeated a 600% up move puts WMT at 262
Walmart bullish rally Here I have walmart on the 4hr time frame. Currently walmart is above the 200 EMA on daily chart. Walmart has printed higher lows with the candlesticks and lower lows on the MACD, hidden divergence. I am expecting walmart to bounce off the 200 EMA and rally back to the ATH right before earnings.
Long scalp WMTBased on its uptrend, rebound from support and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF WMT exceeds today's high of $153.10 during tomorrow's session.
Walmart Descending ChannelWalmart is sitting at an obvious support level from 04/12, while a descending trendline from the ATH-to-lower-highs and 9-day EMA are all catching up to the price.
Wacky price action around the fed meeting may foil any plans I may have around shoring this at the top of the channel to the 4/12 low, or from the 4/12 low if it becomes obvious resistance once we get below it.
Wall Street seems to enjoy chopping us up on Fed days, so I'll be cautious with this one.
Testing resistance We are testing previous resistance if we close below 150 we could be looking at a break down to 135 keep an eye on this one with all markets showing bearish signs this one has potential to break down also get those shorts ready
$WMT re-testing channel breakout zoneAfter an impressive rally from the beginning of the year, $WMT is re-testing the $152 breakout area. See if it holds at the first kiss. Earnings mid-May
Just know where the trans is going Always follow rules & discipline in trading because their no much difference in trading ( doing things with rules & discipline ) & gambling ( just predicted) !!
Accumulation for WMTI think this is a good area to start accumulating more Walmart shares based on this consistent diagonal trend, coupled with the strong supports shown by blue rectangles.
