Walmart $WMT Nice pullback, simple fact - Sales will OutperformMerely my opinion. Went long $116 Calls Trade at your own risk. Goodluck. Longby StockPickingEnthusiastPublished 5
Walmart to 163.55$ | Is Corona Virus Good For Walmart?Thanks for watching. Please support my work by sharing this video with other investors and traders. Don't forget to smash that like button here and drop a follow. See you guys tomorrow. Take it easy. ~BoLong06:50by MegalodonTradingPublished 13
Watch hourly RSI and Tuesday openOn hourly chart I have circled a possible double bottom indication with divergence (RSI was higher in second drop while price was lower). Stochastic is over RSI, 10sma is over 20sma, and price has held 20sma support. Though these signals are in play for buying calls, the 20sma is still downward and daily chart shows there could be more downside. Today's reversal open from Friday is very bearish. Be patient. by OptionsRisingPublished 2
WMT Long : + % 2.10 - % 5.41Parameters : Position Size : % 1 Risk/Reward Ratio : 3.48 Stop-Loss : 113.42 Goal : 116.51 *** NOTE : If opens too high , Goal = 120.29Longby NoldoUpdated 13
WALMART INC. (WMT) DailyDates in the future with the highest probability for price direction reversalsby DinjinPublished 2
A most interesting chart - rising on defense or return to 100?Walmart is supposed to be a defensive stock to buy when the market drops, but the charts show that price may head lower. Reasons for weekly 115 puts (higher risk) or swing trade 110 puts (lower risk): > In candle chart, green rectangle, you see a very bullish pattern between 2/27-3/2, and also a bullish engulfing candle on 3/6. However the volume directional moving index is low, suggesting this could be a rubberband effect that will not last. > Chart shows daily resistance line, dotted red > Between 2/21-2/25 (3 days), stochastic %K dropped from over 80 to under 20. The ensuing drop and quick rebound might give way to more downside --> look for RSI on daily to head back below 50. > Simple moving averages are in descending order: 10<20<50<100. one caution, 20sma is flat. > On weekly chart - 10sma is below 20sma and stochastic %D is below RSI. Price is testing 20sma. You can watch 30m timeframe for more signals to open puts, such as RSI moving lower and 10sma crossing below 20sma. On daily watch for the same, and for resistance line to hold. Shortby OptionsRisingUpdated 2
WMT Market leader on high volumeWMT has led the market with being one of the very few in all the index's that rallied after the selloff to close neutral on the day. It did this on high volume as well, leading me to believe that when the market bounces WMT will see higher upside.Longby BBTrader29Published 5
WMT up up and awayAs long as WMT holds 117 we should see higher to $120, next weeks 125 calls are looking niceLongby UnknownUnicorn2777229Published 113
BUY ONLY ABOVE 118.55BUY ONLY ABOVE 118.55 TARGET 122.75 TARGET 124.55 TARGET 127.55 sl 115.25 OR SELL BELOW 114.25 TARGET 111.25 TARGET 108.75 TARGET 105.55 by superkumar2020Published 2
Trading Edge 2020 Portfolio -Trade #6 - WMT - Asymmetric Spread Ticker: WMT *This trade is a little more complex, than the others, as it has 2 separate spreads, but stick with me Position: 1st leg - Call debit spread - 21st Feb 2020 expiry - Long 114 Strike call = $4.85 - D = 0.99 - Short 115 Strike call = $4.25 - D = 0.95 - Net cost of 1st leg = $0.6 Position: 2nd leg - Put debit spread - 21st Feb 2020 expiry - Long 120 Strike put = $3.88 - D = 0.88 - Short 119 Strike put = $3.30 - D = 0.73 - Net cost of 2nd leg = $0.58 Total net cost to run 1x of EACH spread = $1.18 <-------- This is the key number to pay attention to (DO NOT ENTER if this price is above $1.30) Profit Target/ Exit: - Maximum profit at expiration is $0.82 (both spreads finish at max value) - Maximum risk = $0.18 (one of the spreads is guaranteed to finish at maximum value ($1.00), therefore the maximum risk is simply the excess, in this case $0.18 - This gives us a "Return on Risk" (RoR) multiple of 4.5, this is a very good asymmetric trade, but it is entirely dependent on the price paid for BOTH spreads, this is why the highest price i would pay is $1.30 for both spreads, lower than $1.25 would be ideal - Even the worse case scenario of paying $1.30 would still result in a $0.30 risk to make $0.70, which is still a RoR multiple of 2.3 - Exit, let the spreads run their course for the duration, we are risking the full exposed premium (so limit your risk assuming it will fail) Rationale: - The high RoR multiple is the major rationale, coupled with the relatively low risk and entry cost - So long as WMT finishes within the outlined white lines, the trade will be profitable - If WMT finishes within the red lines, the trade will achieve maximum profit - Position size only so that your are risking a relatively small amount, i will risk no more than around $400 - Technically, WMT does appear to be more bullish than bearish, if this does eventuate, then a simple way to play that would be to incorporate a naked bought call, to capture the upside, however this would also make this a directional trade, whereas currently this is a theta dependent trade. *Note, the specific entry prices will likely vary, however so long as the net cost to run 1x of BOTH spreads is less than $1.30, ideally less than $1.25, then it will still be a valid trade - TradingEdgeby Profit_LinkUpdated 3
Walmart Misses But Shares Rise ?????????? The reaction of the stock is quite concerning for the entire market Having missed estimates the stock initially dropped but has now rallied for no apparent reason. Have we got to the stage where bad news is seen as good. Maybe things are getting a little silly. by BullishchartsPublished 3350