Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $72.50 short put and a strike $67.50 long put offers a potential 7.53% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $72.50 by expiration. The full premium credit of $0.35 would be kept by the premium seller. The risk of $4.65 would be incurred if the stock dropped below the $67.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wal-Mart is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Wal-Mart is bullish.
The RSI indicator is at 54.71 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Don't Cry for Wal-Mart in Argentina
Wed, 19 Feb 2014 02:13:57 GMT
Safeway Seen Mulling Strategic Options Amid Downsize
Tue, 18 Feb 2014 18:58:00 GMT
Retailers earnings snowed in by wicked winter
Tue, 18 Feb 2014 17:57:19 GMT
Breakout – http://d.yimg.com/hd/breakout/lotus/0b6f057f-9bf3-4b48-9556-6044c654f280_21zoBe86Xvgq1_1_0.jpg?s=f44a7977ace93ea8db37e5d613a1a9f2&c=7358eb7678ccbc379edf229271b45912&a=breakout&mr=0
Wal-Mart: Clearly Undervalued And With An Upcoming Dividend Hike Catalyst
Tue, 18 Feb 2014 15:25:29 GMT
Earnings Preview: Wal-Mart Q4 2014
Tue, 18 Feb 2014 14:03:23 GMT
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