The energy industry has undergone several major changes in the XXI that are becoming increasingly apparent…
Walmart earnings: what to expect
2021-02-17 • Updated
What
Walmart will report its earnings for the fourth quarter.
When
The report will be out this Thursday before the markets open at 14.00 MT time (GMT+2). Note that the stock trading is available from 16:30 MT time.
Forecast
The world's biggest retailer is expected to report earnings of $1.51 a share. Investors widely expect Walmart to exceed expectations due to the huge sales during the holiday period and the company’s progress in e-commerce. The earnings result will prove whether Walmart can keep race with such e-commerce giants like Amazon or not.
Technical analysis
Walmart has been dipping since November, but hopefully, better-than-expected earnings results will help the stock to escape the current descending channel. The break above the high of February 9 at $.146.50 will drive the stock to the high of January 12 at $150.00. Support levels are $143.00 and $139.00.
Besides, you can trade stocks in our app FBS Trader!
Don't know how to trade stocks? Here are some simple steps.
- First of all, be sure you’ve downloaded Metatrader 5 or FBS Trader app. FBS allows you to trade stocks only through this software.
- Open the MT5 account in your personal area (an account in FBS Trader).
- Start trading!
Similar
More and more analysts are sure Brent oil will surpass $100 a barrel. So how heavily will oil move the markets, and what will the direction of the movement be? Let's find out!
About PayPal PayPal is an electronic commerce company that facilitates payments between parties through online transfers…
Latest news
Jerome H. Powell, the Federal Reserve chair, stated that the central bank can afford to be patient in deciding when to cut interest rates, citing easing inflation and stable economic growth. Powell emphasized the Fed's independence from political influences, particularly relevant as the election season nears. The Fed had raised interest rates to 5.3 ...
Hello again my friends, it’s time for another episode of “What to Trade,” this time, for the month of April. As usual, I present to you some of my most anticipated trade ideas for the month of April, according to my technical analysis style. I therefore encourage you to do your due diligence, as always, and manage your risks appropriately.
Bearish scenario: Sell below 1.0820 / 1.0841... Bullish scenario: Buy above 1.0827...