Short on WMT. (Walmart)
https://www.tradingview.com/x/1FRj8Bgs/
As you can see in the pic above. We are overextended in the top of the bollinger bands. The P/E Ratio is higher than 15 so it could signal that WMT is overvalued. We have bounced off the Bollinger band and we are over-extended from the VWAP. This could be a hold-for-a-month type of play.
As you can see in the pic above. We are overextended in the top of the bollinger bands. The P/E Ratio is higher than 15 so it could signal that WMT is overvalued. We have bounced off the Bollinger band and we are over-extended from the VWAP. This could be a hold-for-a-month type of play.
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