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Walmart Earnings Trade Setup: Two Key Levels to Watch
Walmart ($NYSE:WMT) has earnings coming up tomorrow, and I’m eyeing two potential trade setups depending on how the market reacts.
Bullish Scenario: If Walmart pumps post-earnings, I’m targeting a move up to $115. Momentum could easily carry it to this key resistance level.
Bearish Pullback & Reversal: If Walmart sells off on earnings, I’ll be looking at the $96 area as a strong level for a long entry. This zone has historical significance and could provide a solid buying opportunity.
Earnings moves can be unpredictable, but these two levels give me a clear game plan.
Let’s see how it plays out!
What’s your take—will WMT rip or dip?
Bullish Scenario: If Walmart pumps post-earnings, I’m targeting a move up to $115. Momentum could easily carry it to this key resistance level.
Bearish Pullback & Reversal: If Walmart sells off on earnings, I’ll be looking at the $96 area as a strong level for a long entry. This zone has historical significance and could provide a solid buying opportunity.
Earnings moves can be unpredictable, but these two levels give me a clear game plan.
Let’s see how it plays out!
What’s your take—will WMT rip or dip?
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Our Beginner Options eEbook: findbettertrades.com/beginner-options-guide?utm_source=tradingview&utm_medium=tradingview+profile
Free Telegram Channel: t.me/findbettertrades
Free Telegram Channel: t.me/findbettertrades
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como asesoramiento o recomendaciones financieras, de inversión, de trading o de otro tipo proporcionadas o respaldadas por TradingView. Más información en Condiciones de uso.