03Nov

Walmart Inc.(WMT:NYSE) Elliott Wave Technical Analysis 2 November 23

Walmart Inc., Elliott Wave Technical Analysis

Walmart Inc., (WMT:NYSE): 4h Chart, 2 November 23

WMT Stock Market Analysis: We have been looking for a flat in wave (ii) and we have resumed higher ever since we anticipated a bottom in place. At this point it looks like we could be forming a leading diagonal into wave i or else we could be making a series on wave ones and two.  

WMT Elliott Wave Count: Wave i of (iii).

WMT Technical Indicators: Above all averages.

WMT Trading Strategy: Looking for longs after the pullback in wave ii.

TradingLounge Analyst: Alessio Barretta

Source: Tradinglounge.com get trial here!

Walmart-Inc-Stock-4H...

 


 

Walmart Inc., WMT: 1-hour Chart, 2 November 23

Walmart Inc., Elliott Wave Technical Analysis

WMT Stock Market Analysis: Invalidation level for the leading diagonal stands at 166.9$ which is equality of 5 vs. 3. Downside invalidation stands at 151$. If the diagonal scenario plays out we could expect wave ii to end near the wave 2 of the diagonal at around 158$.

WMT Elliott Wave count:  Wave 5 of i.

WMT Technical Indicators: Above all averages.

WMT Trading Strategy: Looking for longs after the pullback in wave ii.

Walmart-Inc-Stock-1H...

Related

ASX: BRK.B Elliott Wave Analysis Provides a Detailed Technical Outlook on Berkshire Hathaway Stock Using Daily and 1-hour Charts

ASX: BRK.B Elliott Wave Analysis Provides a Detailed Technical Outlook on Berkshire Hathaway Stock Using Daily and 1-hour Charts

This BRK.B Elliott Wave analysis provides a detailed technical outlook on Berkshire Hathaway stock u...

Read More >
Elliott Wave Analysis for INSURANCE AUSTRALIA GROUP LIMITED (IAG) –  Technical Outlook, Wave Structure, Price Target & Market Trends

Elliott Wave Analysis for INSURANCE AUSTRALIA GROUP LIMITED (IAG) – Technical Outlook, Wave Structure, Price Target & Market Trends

Elliott Wave analysis for ASX: IAG, outlining key market trends, wave structure, and price targets. ...

Read More >
This article offers insights  into the Iron Ore Commodity Elliott Wave Technical Analysis Market's Future Movements

This article offers insights into the Iron Ore Commodity Elliott Wave Technical Analysis Market's Future Movements

This article provides a detailed Iron Ore Price Forecast using Elliott Wave Analysis. It covers curr...

Read More >
Tata Consultancy Services (TCS) Stock Analysis and TCS Elliott Wave Technical Analysis Provides upport and Resistance Levels

Tata Consultancy Services (TCS) Stock Analysis and TCS Elliott Wave Technical Analysis Provides upport and Resistance Levels

This detailed analysis of Tata Consultancy Services (TCS) explores key technical patterns using Elli...

Read More >
IBEX 35 Trading and Investment Tips: IBEX 35 Elliott Wave Technical  Analysis, Market Forecasts, Daily Updates, and Best Stocks

IBEX 35 Trading and Investment Tips: IBEX 35 Elliott Wave Technical Analysis, Market Forecasts, Daily Updates, and Best Stocks

Discover the latest IBEX 35 trading strategies and Elliott Wave analysis for better investment decis...

Read More >
Newmont Corporation ASX: NEM Elliott Wave Analysis Reveals Bullish Price Targets and Trading Signals for Gold Stock Investors

Newmont Corporation ASX: NEM Elliott Wave Analysis Reveals Bullish Price Targets and Trading Signals for Gold Stock Investors

Elliott Wave analysis for Newmont Corporation (ASX: NEM), highlighting key price targets, bullish st...

Read More >

$1 for 2 Weeks

then $29 a month!

What a Special Offer!

Trade Recommendations

Unleash the power of deversified trading with our comprehensive portfolio, covering 250+ markets:

  • Stock Trades
  • Crypto Trades
  • Forex Trades
  • Commodity Trades
Elliott Wave Analysis

Gain a competitive edge with expert insights and AI-powered Elliott Wave charting into:

  • Global Indices
  • US Stocks & ASX Stocks
  • Forex & Crypto
  • Commodities
Top-Notch Trading Tools

Equip yourself with the tools of success:

  • Real-time Chat rooms
  • Elliott Wave Algorithm
  • Portfolio tools
  • TradingLevels
  • Screener
  • Trading Game
7 Elliott Wave Analysts

Stay ahead of the market with daily charts and insightful videos
Your secret to strategic trading!

JOIN HERE


Welcome to TradingLounge (ASIC A.R.No. 321187), specialists in trades, trading education and technical analysis, covering stocks, indices, commodities, forex and cryptocurrencies.

When you join TradingLounge you have access to everything we offer, including trade tools, educational content and a social platform to chat with like-minded investors.

Read more

@Copyright 2024 by tradinglounge.com

Contact Us

Australian no: 02 4787 6020

International no: +61 (2) 47876020

Pay with:

Find us on