BUY OPPORTUNITY

INSTRUMENT: WMT
Buy Price: $90.09
Stop Loss (SL): $88.86
Take Profit (TP): $93.58
Risk-to-Reward Ratio: 1:27
Strong Demand Area: The price is hovering around the area between $90.28 and $88.91, which has been identified as a strong demand zone. This is where buying pressure is expected to emerge, making it an ideal spot to enter a long position.
Target TP: $93.58 is the target price, as it aligns with a strong supply zone, where the price is likely to face resistance.
Earnings Report: Walmart is scheduled to announce its earnings on February 20, 2025. The company is expected to report an EPS of $0.64, showing a 6.67% year-over-year growth.
Revenue Expectations: The consensus estimate for revenue is $179.28 billion, representing a 3.4% increase from the same quarter in the previous year.
Outlook: Positive growth expectations indicate potential bullish sentiment leading up to the earnings release, which could support the trade direction.