rite_aid

Akil_Stokes Akil_Stokes TOP RAD, D, Long , 2 years ago
RAD: Rite Aid: 3 Drives Pattern & Harmonic Pullbacks
525 0 3
RAD, D Long
Rite Aid: 3 Drives Pattern & Harmonic Pullbacks

The last time I looked at this stock I had a bullish Bat Pattern on my radar, which resulted in a move back up to previous structure before continuing short. That movement down ended up being the 3rd drive in a bullish 3 Drives pattern (in yellow) and what I would expect is a minimal move back up to previous structure (orange arrows). Typically when traders look ...

Akil_Stokes Akil_Stokes TOP RAD, D, Long , 2 years ago
RAD: Rite Aid's Pullback
720 0 18
RAD, D Long
Rite Aid's Pullback

Rite Aid and I have a long history going back to a buy when it was well less than a dollar. We've recently seen a steady bullish move until the recent news that competitor Walgreen Company was looking to buy the remaining 55% of Alliance Books putting them into international markets for the first time which would potentially allow them to undercut Rite Aid. For ...

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