WMT is a defensive stock, which could be a great Buy in uncertain conditions of the market. I see it could climb back to 145-150 in a couple of weeks.
Entry price - 137
Target - 145-150
Stop-loss - 134
Position size - 5% of the capital
Period 4-6 weeks
Entry price - 137
Target - 145-150
Stop-loss - 134
Position size - 5% of the capital
Period 4-6 weeks
Trade closed: target reached
The supply zone is at 152-155, so I'll suggest closing the position. Target reached perfectly.
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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.