Walmart stock has remained quite strong staying above $115 since September 4.
Walmart Stock (WMT) Chart Details
Looking at the chart since July you can see that the stock fell back in mid-August to the 100 day moving average but failed to break below it. The stock has not fallen below the 200 day at all in 2019.
On August 15 Walmart moved above the 50 day moving average and retested the move up, later in August. With the move to above the 50 day moving average holding, the stock pushed above $115 on September 4 and has retested that valuations 8 times since September 4. Each time the stock has held and pushed higher. Today the stock made a new 52 week high after retesting the $115 level on October 3. The strength in the stock at present is excellent for continuing to place trades.
Three trades were setup today. Trade details are for members.
The rest of this Walmart Stock trade alert is for FullyInformed Members..
Three Walmart Stock (WMT) Trade Alerts for Oct 10 2019
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations.