Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $58.50 short call and a strike $63.50 long call offers a potential 16.82% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $58.50 by expiration. The full premium credit of $0.72 would be kept by the premium seller. The risk of $4.28 would be incurred if the stock rose above the $63.50 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Wal-Mart is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Wal-Mart is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Wal-Mart
[$$] Some Retailers Step Back From Black Friday Frenzy
Thu, 29 Oct 2015 09:30:08 GMT
[$$] Walgreens-Rite Aid Deal Tests Regulators’ Appetite for Mergers
Thu, 29 Oct 2015 04:10:07 GMT
Walmart Neighborhood Market Brings New Jobs and Fresh Groceries to Waycross
Thu, 29 Oct 2015 00:27:14 GMT
noodls – New store offers convenient in-store and digital shopping at Walmart prices; Opens Oct. 28 New Walmart Neighborhood Market located at McQuaig Street and Highway 84 Waycross Walmart creates about 95 new …
[$$] Walgreens Tests Appetite for Mergers
Wed, 28 Oct 2015 23:49:40 GMT
How the Dow Jones industrial average fared on Wednesday
Wed, 28 Oct 2015 20:54:33 GMT
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