timwest
Long

Walgreen Co -WAG -Daily - Turning up from Key Hidden Level

383 4 7
Assuming you need something to buy in this defensive market, you can look to consumer staples             and you can look at WAG because it is pulling back to it's most recent "KEY HIDDEN LEVEL" of support. It is support as long as it is above the green line. Upside 65-66, +8%, versus risk of 58 or 3%.

Tim 60.49 last WAG
Subscribe to my indicator package KEY HIDDEN LEVELS $20/mo or a discount for a year and join in the trading room KEY HIDDEN LEVELS here at TradingView.com
2use
2 years ago
+the gap to cover. level seems magnetic indeed
Reply
elcololp
2 years ago
nice entry price today? what do you think?
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timwest PRO elcololp
2 years ago
It's been quite a few tests so far - I'm beginning to wonder if it makes sense anymore. I liked the first wave up off of the level... You asked a very good question. It might depend on your portfolio and whether you have any longs and whether they are acting well. If you need longs, then this one looks tempting. I like TFM and WFM also as "safe longs". I'll be looking at KO as a buy after another day goes by. Have you see the "KEY LEVELS CHAT ROOM"?
I put a lot more ideas in there....
+1 Reply
2use timwest
2 years ago
Look at where it ended :)
Reply
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