WMT earnings this week! Opportunity or Bust?
Exciting earnings coming up this week for WMT.
High chance a negative reaction as the expectation is very high from the market.
So even if beat EPS and Rev well, might not be a big move upwards.
The recent high comes also on the back of wave 5 of a bullish-5-wave.
A correction a-b-c might be coming up. Where will (a) form? Plenty of opportunities.
One of my key staple counter in my portfolio. Time to accumulate more!
Personally I would love a chance to average up at 59 to 60.
Average cost currently at 50.
WMT Daily - 11 Aug 2024
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WMT is about to rebounce next week.