Walmart Earnings Trade Setup: Two Key Levels to Watch
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Walmart (WMT) has earnings coming up tomorrow, and I’m eyeing two potential trade setups depending on how the market reacts.
Bullish Scenario: If Walmart pumps post-earnings, I’m targeting a move up to $115. Momentum could easily carry it to this key resistance level.
Bearish Pullback & Reversal: If Walmart sells off on earnings, I’ll be looking at the $96 area as a strong level for a long entry. This zone has historical significance and could provide a solid buying opportunity.
Earnings moves can be unpredictable, but these two levels give me a clear game plan.