This is a personal publication that I am posting public for those who are following me and watching my account grow. There are a lot of indicators that are showing a near term drop for Walmart, this would create a good buy in point. Since we are in a bull market, we should expect Walmart to rise the remainder of the year. Why do I think there will be a small drop in the short term? High RSI: 65 Bollinger bands about to cross at a high point indicating a sell signal. Growing bearish strength on the divergence indicator. MACD: Showing weakening bullish divergence Candles are also moving down closer to the Moving Average As an options trader a small dip could lower options cost for an opportunity to buy more contracts and make more money.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.