WMT: Low risk long opportunity
Updated
I'm long 
WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance.
Good luck,
Ivan Labrie.
WMT here, 10% position. I like the pullback to support, and the stock being so washed out here. Upside is considerable, and downside pretty minimal, so, it's definitely worth a try. A 7% free cash flow yield, 0.74% dividend yield, and an almost 2% earnings yield per quarter make it an attractive valuation to resume the advance.Good luck,
Ivan Labrie.
Note
I like how we edged higher going into the close, after a dip during the day.Acting strong, hold! I might add to the position tomorrow.
Note
I think we're safe now, you can add to longs a bit here.Note
Trail stop to 69.50, double longs...or exit here. Sell at 70.
Note
Trade active
We can buy back, pretty solid.Trade closed manually
Out for now.
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