WMT trade ideas
WMT in my watchlistWe know $WMT has been doing something!
Watch out resistance might become support! Or maybe not.
#tradewithstrategy
#noFOMO
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wmt for money maventhis line got the job done today. 2 more lines possible for higher highs, which seems likely as daily stochastic shows a bit more upside.
WMT - Likely Breakout to new ATHWMT has seen some serious bullish price action sparked by their recent announcement o a subscription service that puts them in somewhat direct competition with AMZN. This appears to have started a whole new wave of impulsive price action. It faced rejection today after reaching the previous all-time-high and barely breaking past it.
Price Point of Invalidation: $128-127 zone
Price target: $137.50
A great leg up move on WMTWe priced out the latest move and once in a while, we get a move that correlates! We bought at the break of the flag pennant and held for $9. Actually 8.50 is what we did.
Then the price took a u-turn and headed back down.
Now that is some nice break-out!Well, I was not expecting this.
We are watching the perfect break-out right now.
High volume and a huge green candle.
I will be long on this one if it cools a bit off and retests the support level ( 121).
It got overbought very quickly on multiple timeframes, so be careful tho.
First bigger price target: 126,39
Support level: 121.06
ABC BullishWMT is cruising a long
Earnings are 8-18 BMO
She popped out of a falling wedge at 122ish/Falling wedges can be very bullish when the stock changes direction and can serve as a reversal signal
I own this but I do not recommend this
Go with your gut!
Wallmart potential to go up to ... WMT potential to go to area 131.5, potential long from 121 -123.5, stop loss area 119, take profit on 130 -131.5 or follow the trend...
WMT115 MAYBE THEN ATHS or at least to top of the channel. Wroth a long at the bottom of this range. good RR
WMT can be in focus againDuring the fear from 2. wave of the virus, WMT can be in focus again. Technically the price approached important levels. After a longer consolidation WMT is now at the 200 daily SMA, a strong confluence zone and at the bottom of the long-term long channel. Fibo 61.8 and MACD divergence is also supporting the course. Indicators can trigger buy signal soon. Lets see, the R/R is good as well. Good luck.
WMT 130 Update $WMT closed green. Price is at 127.75. Price target is 130. Might see that tomorrow but who knows. WMT is launching WMT plus and announced WMT clinics for cheaper healthcare. WMT is going to be insane. Again, will monitor in the morning. It is 128 after hours. If it hits 130 and holds, its going to 140 but if not then I am watching the flag fill. A bull flag is slight downtrend after a rally. Indicating the price will go higher. WMT long term is a good stock if you want to get in. To those that got in I hope you made tendies. Could also argue a double bottom but not completely accurate lol
WMT levels**Walmart reportedly launching Amazon Prime-like subscription service
WAIT FOR 128 TO BREAK FOR A MOVE UP TO 331,133.
WMT WMT HAD A STRONG CLOSE. OVER 228 CAN SEE 230, 232, 234.
MY CURRENT POSITION: 229C 7/10 $.69
(I BOUGHT ON THE 228 BREAK.)
Bull Penant on $WMT could be a +$6 move if it continues upwatching a possible Bull Flag on WMT (Walmart) to see if we get a break to the upside we could continue +$6 more. This challenge to AMZN is exactly what a $100 stock needs.
WMT - $WMT - busted the wedge, Resistance in yellow, fib showing the upside of 139 over the coming weeks to months.
WMT 130 EOW$WMT!!!!!!!!!!!!!! Wow, I am so happy with this play. Glad I was able to call it out as well as others in the discord. WMT just announced their WMT + which will compete with Amazon. Cheaper and has the potential to fight Amazon. Volume is incredible. Price target right now is 130. My call expires on the 17th so I have some time. Weekly calls for the 10th could be played as day trades. Should see some pull back Friday. Also have a long term WMT call that should print.
WMTWalmart (WMT) had a massive day today on news that they would be releasing Walmart Plus as a competitor to Amazon Prime. This created a significant breakout upwards of almost $10. After-hours trading saw a continuation of the uptrend. If the market holds steady, this may look for a potential gap fill towards the $132 resistance area. Additionally, today's surge creates potential for a gap fill down that may be seen in later weeks. (NOT SHOWN: RSI is sitting at 67 after the day's trading.)
