Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $75.00 short put and a strike $70.00 long put offers a potential 10.38% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $75.00 by expiration. The full premium credit of $0.47 would be kept by the premium seller. The risk of $4.53 would be incurred if the stock dropped below the $70.00 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 28.77 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
India's top 10 food retailers accumulate $2.2 bln losses in 2013/14-Crisil
Wed, 28 May 2014 13:27:38 GMT
Reuters – India's top 10 food retailers are estimated to have accumulated losses worth $2.20 billion in the fiscal year ended March 2014, as they scaled up operations and refined their business models, according …
Wal-Mart pressured to settle labor dispute in China, WSJ says
Wed, 28 May 2014 13:13:43 GMT
Wal-Mart initiated with a Strong Sell at Standpoint Research
Wed, 28 May 2014 13:04:09 GMT
[$$] China Pressures Wal-Mart to Settle Labor Dispute
Wed, 28 May 2014 12:30:33 GMT
Costco Wholesale Seen Showing Faster Profit Pace
Wed, 28 May 2014 12:02:00 GMT
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