Walmart Inc.
Long
Mis à jour

WMT Daily Bull Div Presents Buy Opportuntiy

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WMT bull div presents buying opportunity. WMT is 25% below all time high, a pullback that has occured with little or no upward mean reversion. Following our MACD and RSI bull div on the daily I expect to see some upward mean reversion here. A tight stop presents itself below local lows where there is very little volume. Target is 23% FIB/daily volume profile node OR just hold it forever since WMT is pretty safe stock.
Transaction en cours
Entry @ $82.73
Note
Significant resistance at horizontal level, 62% fib, downward trendline. We got a daily wick above that trendline but failed to close above it. snapshot Red circle represents where significant resistance was. Holding to original plan.
Note
snapshot Nice daily close above trendline. Should see some longs entering in within the next 4 days and a push up.
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WMT touche down today on daily volume profile node. TPs on the upper side of daily volume profile node. Only argument for TP early is bear div on 1 hour time frame. Will wait for original TP.
Note
WMT looking like a decent dip to buy when it gets close to that trendline snapshot I am holding WMT long since bull div
Trade fermée: cible de profit atteinte
Win @ 88.53. Active 47 days. Result 6.89% win.

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