I'm long 
WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance.
Good luck,
Ivan Labrie.
WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance.Good luck,
Ivan Labrie.
Note
I like how we edged higher going into the close, after a dip during the day.Acting strong, hold! I might add to the position tomorrow.
Note
I think we're safe now, you can add to longs a bit here.Note
Trail stop to 69.50, double longs...or exit here. Sell at 70.
Note
Trade active
We can buy back, pretty solid.Trade closed manually
Out for now.
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linktr.ee/ivanlabrie
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.