How is this possible, and what does it mean? (WMT)

Discussion in 'Stocks' started by Math_Wiz, Apr 16, 2020.

  1. Math_Wiz

    Math_Wiz

    I have no idea, lol. All I know is there seemed to be a very large seller there on the morning of the 16th, just prior to WMT rallying $4.00. I thought that was very strange, so all I've been doing since is targeting $126, although it has potential to go much lower of course. On the weekly, it broke to new highs yesterday, so we'll see what happens going forward. It could simply pull back this week and then rally to another weekly high next week. Who knows? Right now I'm focused on $126.
     
    #21     Apr 21, 2020
  2. never2old

    never2old

    at 10am today who would have guessed $130.

    wait see you may get your $126 at some point- do you have an order in at that price?
     
    #22     Apr 21, 2020
  3. Math_Wiz

    Math_Wiz

    Yes I do, 300 shares.
     
    #23     Apr 21, 2020
  4. Math_Wiz

    Math_Wiz

    Just got out at the 1-hour break, at 129. Will be looking to get back in at some point.
     
    #24     Apr 21, 2020
  5. Math_Wiz

    Math_Wiz

    Re-entered short at 130.30
     
    #25     Apr 21, 2020
  6. Math_Wiz

    Math_Wiz

    Back out at 129.80 (15-m break). Still looking to enter at some point.
     
    #26     Apr 21, 2020
  7. Math_Wiz

    Math_Wiz

    Going to wait until tomorrow for re-entry.
     
    #27     Apr 21, 2020
  8. Math_Wiz

    Math_Wiz

    Scratch that. I just took half-size at 130.25 (150 shares)
     
    #28     Apr 21, 2020
  9. never2old

    never2old

    why a change of strategy from $126 going in at $130.25?
     
    #29     Apr 21, 2020
  10. Math_Wiz

    Math_Wiz

    I like both daytrading and swing-trading. It's not a change of strategy. I'm still targeting $126. I'm just daytrading in and out around it.
     
    #30     Apr 21, 2020
    never2old likes this.