Finding A Trade In Walmart’s Drop

Posted by Wendy Kirkland | Aug 21, 2026 | Wendy's Daily Profit Play | 0 |

Walmart (WMT) plunged more than 9% after its quarterly report raised concerns about slowing consumer spending and included a cautious third-quarter outlook. The earnings-driven gap sent the stock below every major moving average and through support near $107.85, with WMT finishing close to its low on heavy volume.

Momentum has turned bearish, and selling pressure increased sharply. A confirmed break below the $102.50–$102.85 area could provide an opportunity to consider puts, with potential downside targets near $100 and $99.19. Because the stock has already suffered a substantial one-day decline, traders may want to wait for confirmation rather than chase the initial drop.

Wishing you the best,

Wendy

P.S.–I have used a crazy accurate pattern and strategy to help a group of readers create the ideal income generating environment. I haven’t told anyone about it for a while but I wanted to share it here. Take a look.

About The Author

Wendy Kirkland

About the Author Wendy Kirkland has been successfully analyzing the trends of the market and sharing her profitable patterns with other like-minded option traders since 2009. Best known for her P3 pattern that works in any market and a variety of time frames, Wendy has written 16 books that use variations of this pattern and others that she has developed to fulfill her personal goal of helping others achieve their own personal financial independence. For twenty-five years, Wendy Kirkland was a working partner in a gift shop located in Historic Biltmore Village in Asheville, NC. The business supported her family of three children with a good life, but, as Wendy neared retirement age, she realized she and her husband Jack had left themselves out of the financial equation. They'd set up a retirement account, but, over the years, others' needs always seemed more pressing, and retirement seemed a lifetime away. Her search and need to take immediate control of her financial future brought her to option trading and the financial leverage it offers. Finding the potential to make a full-time income while working on a part-time basis, Wendy wrote, How To Trade Options to give others the opportunity to benefit from this income source that can be worked a few hours a week from home or anywhere else. Since that time, she has written 16 books that are available from a variety of sources. Wendy’s programs take her students all the way from getting past the perceptions that Options have to be complicated all the way to daily trading examples. Readers quickly understand what a Call Option and Put Option are and all of the other fundamentals they need to succeed. She walks traders through key indicators and shows them how to use, True Strength Index, ADX or Average Directional Index, Commodity Channel Index, Fibonacci Price Targets, Exponential Moving Averages, and more. 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