Trade of the Week: WMT

Been busy and haven't updated but, one of my trades that worked out this week has been WMT.  Even with trade war talks with China, this one mega stock has been a shining example in the retail sector.  It helps when there is sector rotation out of tech and back into retail, but WMT has been hit really hard the past few quarters.

This six month chart, shows the height from 108 back in January when everyone believed WMT was the best/only competitor against AMZN, then after a few earnings drops, we are seeing it consolidate in the $80-90 range.  

Needless to say when it bounced off $82 multiple times, I thought it was a good entry point.  And seeing multiple green days, I bought on Thursday.  I held it through the weekend and saw a huge pop 2-3% on Monday.    

Not bad for less than a week of holding.