Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $129.00 short call and a strike $134.00 long call offers a potential 43.27% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $129.00 by expiration. The full premium credit of $1.51 would be kept by the premium seller. The risk of $3.49 would be incurred if the stock rose above the $134.00 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
ROSEN, A LEADING LAW FIRM, Encourages Walmart Inc. Investors to Secure Counsel Before Important March 22 Deadline – WMT
Tue, 09 Mar 2021 00:39:00 +0000
New York, New York–(Newsfile Corp. – March 8, 2021) – WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of the securities of Walmart Inc. (NYSE: WMT) between March 30, 2016 and December 22, 2020, inclusive (the “Class Period”), of the important March 22, 2021 lead plaintiff deadline in the securities class action first filed by the firm.SO WHAT: If you purchased Walmart securities during the Class Period you may …
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Mon, 08 Mar 2021 21:38:17 +0000
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