WMT ShortWalmart is one of the important stocks for measure CPI. I think with tight stop it will interesting to be bearish on WMT
WMT
WMT Backtesting Long Term SupportShort WMT here. Long term support is broken and being backtested. Tough to break thru once out. SImilar to CVS and other DOW stocks.
Walmart gap fill, will go down with a thrill?As we look at the Walmart chart we see a strong rally due to "earnings" but will the strength of the bulls last? I've been bearish on stocks for months now, expecting another swipe of the lows, or possibly even a new low in the coming weeks/months. Walmart is no exception to this outlook, we see a LARGE gap left behind from the last dump and now we're seeing a nice push up in the form of a bear flag that could lead to much lower prices. Below I will post a chart of the weekly chart for Walmart, it looks like it fell out of multi-year parabolic trend support, and is now retesting it as resistance. I believe Walmart will see much lower prices going into the new year, I'll be keeping an eye on how this develops.
Remember, stay calm, level-headed, and don't follow the crowd, only the charts.
WMT Simple Chart AnalysisWe do emphasize this before for breakout monitoring. If things go smoothly, it might retest 160 area.
FIRST analyse of World Mobile Token! 🔥 Today is October 26, 2022.
In past days, the crypto market has shown some movement upwards, and the bottom is said to be in.
I have my doubts about that, but I still take both cases into account of course.
World Mobile, is a great project with a clear vision and plan for the future. Simple but important slogan: Connect the unconnected. At the time of writing, they only have 128 airnodes in Tanzania, approximately 12,000 unique users in the last 24 hours, and the token has a market cap of $57 million. (data from WMTScan)
I don't think it will stay that small for long. No prediction is right, but let's say World Mobile can keep doing what they're doing right now. Keep scaling up and connecting the disconnected. Then numbers like 12,000 unique users in 24 hours are really bizarrely low. We'll see, but this is definitely a project to keep an eye on!
At the moment, the token price seems to be able to expect a decrease.
We see a descending triangle, and the target price can be around 10 cents. Let's find out!
In the long run, I think an 18 cents (current price) is still going to be dirt cheap.
Maybe you're the one who says in a few years: If only I had bought some WMT when FibonacciTheGreat wrote the first analysis on WMT.....
RAD Q4 buying means 2023 Q2 selling for multiplesThis is chart analysis only, the business fundamentals feel distressed to me however this is a meme stock and it can easily run up
Buying today under $4.20 seems decent but i think there will be lower lows soon
Wal-Mart (WMT) Appears Prime for a Run to the Upside!Wal-Mart Appears Prime for a Run to the Upside!
Patterns Identified- ABCD and an Inverse head & shoulders pattern on Wal-Mart's (WMT) daily chart!
I expect a break of the neckline over the next few sessions. We popped above the trendline today and came back inside the triangle. Also we closed slightly below the zone (see screenshot below).
My next entry on Wal-Mart will be above 135 or after we break and hold above the upper trendline.
Short % of float 1.09 (as of October 1, 2022).
Bias-Bullish
Peace in Love,
MrALtrades00
All set to drop?Looks like its broken the upwards trend and retesting it. It could retest the 50 level. Time for puts/shorts.
Could WMT be starting its death drop?Here I have market off major zones where price tends to retrace too before a major change of direction. You may also notice the rising wedge headed back that has already started playing itself out. This move will happen over a short period of time. I say this because once enough selling pressure has been established, buyers will fearfully close their longs causing price to move lower which will of course attract more sellers leaving the price only to do one thing...
WMTIf the price brakes above the top of the ascending channel, i'm expecting the first target to be the middle of the extended channel.
Walmart WMT Trade setup for 31-August-2022 Walmart(WMT) is in a no trade zone. We need to wait for the stock to show us some direction.
The trend based on the last 2 months shows upside, but the way the stock has fallen into the support area(130-133) doesnt look good.
If the stock moves above 133, we can go long with a price target of 143 and a stop loss of 130.
If the stock moves lower than 130, we can go short witht h price target of 124 and a stop at 133.
COSTCO STRONG SELLCostco appears to be forming a huge H&S on weekly. While I hadn't really paid much attention to Costco I did see it mentioned yesterday which caused me to take a look. Want to note that Costco has performed strong relative to the market and that's why I like it for a short. This recent rally over the past couple of months is leaving a lot of meat on the bone for a short IMO. As you can see the past couple years have been quite the run up. Unfortunately if we are going into a bear market even the best performing stocks are liable to pull back significantly. I think we are a long way from ATHs and I expect to Costco to at least hit the first three targets within the coming months. Taking some profits today on some other shorter swing shorts and hopeful Monday Costco opens green so I that I can begin scaling in a position. Thoughts? Disagree? Feedback welcomed and appreciated! NOT FINANCIAL ADVISE ALL MY OPINION
WMT Gap Fill Soon?WMT gapped up after earnings and continued momentum after a couple of other retail earnings beats. It has created quite the gap volume gap below and I think we fill it rather soon. Acting weak relative to the market the past couple days. Volume seems to be dying as uncertainty lingers. WMT in the recent past hasn't reacted bullishly after earnings.
Bed Bath and Beyond - Don't BTFD - Bye Bye, BBBYI heard on Reddit that BBBY is prime for a major pump because Ryan Cohen talked about spinning Buy Buy Baby off into a separate company, which would in effect create an airdrop of new stocks for holders.
I heard on Reddit that BBBY is due for a pump because Ryan Cohen bought Jan '23 calls @ a $50 strike.
I heard on Reddit that BBBY is due for a pump because 45%~ of the float is short sold.
All of the above are true. However, what I would like to point out to you is a few key considerations:
1) The July - August bottom of ~$4.50 was both extended and precariously close to the 2020 COVID bottom. But they didn't break.
2) BBBY is already at this pump's top at sub $14. What comes after a pump?
3) If BBBY is going to spin a second stock in a few months, there's going to be proper accumulation. A proper accumulation requires you bag holders to capitulate.
4) Jan. '23 is four months away. That's a lot of time for you to hold $10 and $13 bags when this thing dumps to its 1993 low and you need to pay $12 a gallon for gas.
Reddit is not a normal social media site. It's a social marketing and social influencing platform, and one with a heavy Marxist-Leninist influence, to boot.
You think you are reading organic comments from other young people, but you are reading the written vomit of a combination of a botnet and a professional public relations firm that front runs the moves.
The purpose is to drag you in and have you donate your life savings so that someone who looks like Sam Bankman-Fried can pay some creditors and then buy another apartment and a new car after you trade your money for their bags.
Monday could go two ways. One is a gap up over $14 and then a dump and the other is just a gap down that doesn't bounce.
Either way, you're now on the wrong side of history to be buying the dip. Don't buy the dip. Your risk is a ~70% wipeout from the nearest gap. If you bought at $13, well, cut your losses and stop gambling.
Be patient and wait a month or two when everything is scary and the Reddit brigade is telling you that BBBY is a total piece of trash that nobody would ever want.
And remember, Redditors are not your friend. They are Fabians.
WMT Walmart LONG Swing TradeWMT beat earnings by 10% and has been upgraded for targets as a result.
The chart shows heavy relative volume ( 4X the running average) reacting to the earnings.
WMT has a 10% upside to the resistance of sell order blocks above.
WMT is now set up for a long swing trade with either the stock or call options at
an expiration a bit before the next earnings.
Walmart WMT Beats Earnings - Walmart beats on earnings estimates.
- Technically: price gapped up to begin to close the gap that was create with the profit miss on Earnings in May (Gap started at $147)
- Analysts price targets sit around $145 (median).
- Price got to a high of $140 today.
- From what many are calling a potential bottom for WMT, the stock is up 19%~
WMT long from key supportThere could be a good entry for long position, if the market gives an opportunity for buying at 117$. We expect the price to retest lows from June 2022 and hold the support.
If you want to short it, wait for rejection from the red line.
WMT Walmart Options Ahead Of EarningsLooking at the WMT Walmart options chain, i would buy the $135 strike price Calls with
2022-9-16 expiration date for about
$2.45 premium.
Looking forward to read your opinion about it.
Walmart Bearish FlagWMT Bearish flag… price target around $110… net income also down from same quarter of last year.
Walmart Bottoms Relative to S&P 500This chart shows three things. First, the candles show how Walmart performs relative to the broader market (S&P 500 ETF - SPY). Second, it shows how that ratio changes as the unemployment rate goes up (light blue line). Third, it shows the 25-year support line of Walmart's relative performance to SPY (red line).
Notice how Walmart's relative performance goes down as the unemployment rate goes down, and goes up as the unemployment rate goes up. Walmart typically fares relatively better during economic downturns presumably because more people seek out bargain prices.
Also notice that, following its inflation warning, Walmart's performance relative to SPY is near its 25-year support line. One could reasonably argue a couple of things: (1) We are possibly near a bottom in terms of Walmart's underperformance to the S&P 500, and (2) If this correlation is predictive, the unemployment rate may soon start to rise.
Just remember that this is a relative chart, so it does not mean that the price of Walmart's stock will go up from here. It just means that Walmart may soon begin to shift from underperforming the broader market to outperforming (if the stock market is falling, then Walmart may fall too but by a lesser magnitude). This shift can take weeks to months, but once underway, can last for years.
While I am not providing financial advice, and encourage everyone to fully analyze the risks of their own trades, I am considering adding Walmart to my portfolio as a form of recession hedging. I am waiting for the possibility of Walmart to fall as much as 10% more in terms of its relative performance to the broader market (SPY), once it consolidates there I will likely begin accumulation. To read more about why I think a recession is coming you can click the link below in the related ideas section.
WMT SELL +++ Next support $108 rangeAlready have a position, posted couple days ago. WMT was overbought on several time frame and chart indicators and yet continued to rise in the bear market rally to my chagrin. WMT cuts profit outlook after hours. Who could've possibly seen this coming!? WMT I have been in and out of twice since posting on July 12th where I didn't think WMT could go past $130. Seems it made it to $133, I am overloaded on puts and as soon as this morning I was calculating my breakeven point with only 9 days left til expiration. $108 I believe is next strong support. WMT printed $118's after hours and will likely see under $110 by next week this will likely be a weight on the market tomorrow along with the FED meeting Tues/ Wednesday. GL.
WMT SELLRe-entered WMT short position this morning. Overbought on several technical indicators on various time frames. Purchased August 5th $125 puts will add small 127.50 and double down on position adding again $129 cloud resistance if reached.
