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