Walmart Inc.

100% Gains in Walmart! What’s Next at This Key Level?

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Hello readers,

Back in July 2023, I pointed out a major breakout in Walmart (WMT) after years of struggle around the $150-$154 zone. Fast forward, and here we are – Walmart has doubled in price! 📈

Of course, this isn't the raw $300 we might expect because of the 3-for-1 stock split, but the percentage gain remains a solid 100%+ from our entry.

What Now?
  • $100 is a round number, and historically, WMT has reacted to these psychological levels. The market has started to range in these level, suggesting some hesitation.
  • Taking partial or full profits could be a smart move – but as always, the choice is yours!
  • This is just a reminder and a heads-up to stay aware of price action. Trade smart! 💡

Let me know your thoughts – are you holding or booking profits?

Cheers,
Vaido

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