Wal-Mart's most recent trend suggests a bullish bias. One trading opportunity on Wal-Mart is a Bull Put Spread using a strike $73.00 short put and a strike $68.00 long put offers a potential 9.65% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $73.00 by expiration. The full premium credit of $0.44 would be kept by the premium seller. The risk of $4.56 would be incurred if the stock dropped below the $68.00 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 21.76 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
Squawking One Direction, Danica, and Super Mario
Fri, 08 Aug 2014 10:36:15 GMT
Watch out for credit cards issued by retailers
Fri, 08 Aug 2014 00:47:28 GMT
In Ambitious Bid, Walmart Seeks Foothold in Primary Care Services
Fri, 08 Aug 2014 00:28:25 GMT
New York Times – Walmart is looking to grab a bigger share of the billions of health care dollars being spent in the United States and to benefit from the shifting delivery system that has resulted from the Affordable …
Walmart's Web Play, ‘Guardians' Goes Galactic & Gannett's Gambit
Thu, 07 Aug 2014 15:43:30 GMT
[$$] Wal-Mart's Strategy to Jump Start Growth in China
Wed, 06 Aug 2014 22:26:51 GMT
The Wall Street Journal – Wal-Mart's international chief, David Cheesewright, sees two big challenges for the retail giant: customers are moving online and growth rates around the globe are slowing.
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