Walmart trade

[fencerider2]

WMT is a safe buy in a pull back to $42 on low volume for a trade.

[TampaDude]

Sell target? Stop loss?

[fencerider2]

Sell target? Stop loss?


Go look at a two year chart and you will see what I am talking about. I have bought it two times in the forty two range and sold above fifty.

As far as a stop loss it your pain level because its already below the 50 and 200 DMA.

Go look at the chart.

[TampaDude]

Go look at a two year chart and you will see what I am talking about. I have bought it two times in the forty two range and sold above fifty.

As far as a stop loss it your pain level because its already below the 50 and 200 DMA.

Go look at the chart.

Buy at 42
Sell limit at 50
Stop loss at 40

How's that sound?

[fencerider2]

Buy at 42
Sell limit at 50
Stop loss at 40

How's that sound?

That sounds good, but it may not hit $42 so at that point I will watch for the sellers to dry up.