Wal-Mart's most recent trend suggests a bearish bias. One trading opportunity on Wal-Mart is a Bear Call Spread using a strike $76.00 short call and a strike $81.00 long call offers a potential 13.12% return on risk over the next 22 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $76.00 by expiration. The full premium credit of $0.58 would be kept by the premium seller. The risk of $4.42 would be incurred if the stock rose above the $81.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Wal-Mart is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Wal-Mart is bearish.
The RSI indicator is at 38.24 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wal-Mart
The most popular stores in America
Thu, 28 May 2015 10:00:26 GMT
Amazon sees Wal-Mart's bet, raises ante
Thu, 28 May 2015 10:00:00 GMT
Morgan, Walmart reach settlement over accident
Thu, 28 May 2015 04:50:09 GMT
Business Watch: News Digest
Thu, 28 May 2015 04:32:26 GMT
Tracy Morgan settles suit with Wal-Mart over fatal crash
Thu, 28 May 2015 02:28:13 GMT
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