A potential reverse H&D pattern on $WLM stock before ERIt seems that WLM share price will likely rise right after the ERs. Even though it has been trending downward over the past few months, the situation may be reverse if it hits the neckline of the potential head and shoulders pattern pictured above.
Feel free to share your thoughts.
WMT
Walmart Inc. Accurate AnalysisThis stock is recovering from its shorts and we may see a bull back for a more bullish race. The pull back will confirm the buy for me. Buying now may be risky. As the pattern develops i will keep this idea updated, so like, comment, follow so you don't miss any update. Thank you.
WMT Covered CallBeen holding this trade for a few weeks now. This is my first post related to options trading. I'm using the lines to show a visual of how selling a Call has helped create a range of profitability and risk management.
GREEN LINE - Max Profit - This green line is in relation to the original share price entry point, the Call strike price, plus any premium collected.
YELLOW LINE - Strike Price - I will adjust this often in an effort to continue to manage the risk, while maximizing profits. I try to stay under the stock price to maximize risk management.
RED LINE - Break-Even - This line is a proposed break-even price of the covered call. It is a linear sloped line, but is not accurate. This line give a rough estimation of what my break if is based on each expiration date.
PINK LINES - rough projections based on the last Max Profit and Break-Even potential. I'm using this to show what might potentially happen to the range, the longer I hold on to this trade.
PFE 37: Boring but good Risk/Reward in a dangerous market PFE is an enormously profitable company that is not in fashion with the momo crowd or the new kids chasing sexy names. It is however an A+ company with staying power and good dividend yield, a better alternative to bonds in today's near-zero interest rate. As SPY correction is highly likely, it is perhaps a place to park some cash.
Also, the market has shown some interest in routing into real economy stocks (with real revenue and profit). TGT, WMT, GE for instance.
Technically it has turned upwards, after a sharp and quick sell-off from 43, after all the covid vaccine news. 1st Target is 40.50
To be long around 37 or sell PCS of 37/33. If needed lunch money, one could also sell ATM weekly calls that give out a 2% weekly premium.
This is a plan, obviously not any sort of advice.
WMT - The Time for a Move is NearWMT - with lockdowns and the holiday season upon us, WMT is positioned VERY WELL to accelerate their online presence and competition with amazon and others. I'm already in, and watching these channels and trend lines for the next impulse. Enjoy!
Please feel free to check out my other ideas, I really want to help people understand the market the way that I do.
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Target: 160s by Feb 2021Nice bounce coming in for NYSE:WMT at the 50 day moving average.
Seeing the cycle analysis, I feel there may be some downward pressure to slow the pace for about 10 days, but WMT is at a strong support trend. We should see a consistent run up in the current channel from Jan to Feb. Potential to hit $160+ by earnings.
I consider WMT to be a good long-term hold as well to keep the portfolio diversified.
I also like that WMT isn't going "pandemic rally crazy" like some other stocks. WMT has grown out of the green channel (currently sitting below $116) since 2019. While the March 2020 dip pulled WMT back into the green channel, it jumped out of the channel soon and has not re-tested that channel. I'm very bullish on WMT long-term.
GM
General Motors Company is engaged in the designing, manufacturing and retailing of vehicles globally including passenger cars, crossover vehicles, and light trucks, sport utility vehicles, vans and other vehicles.
1-Year Return 10.76%
3-Year Return -6.13%
5-Year Return 13.35%
5-Year Revenue Growth -11.99%
5-Year Earnings Growth 58.03%
5-Year Dividend Growth 26.67%
It looks like volatility is contracting.
Will be very interesting to see what happens with the autonomous driving. I still think TSLA will be the winner in this space.
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