This should be added in your portfolio for at least 2-3 months but with proper stop loss levels. Watch the video and let me know if you did like the analysis. Trade safely, wisely & confidently.
Looking at the WBA Walgreens Boots Alliance options chain ahead of earnings , I would buy the $30 strike price Puts with
2023-6-16 expiration date for about
$1.01 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
WBA price action is clearly suggesting that price is inside solid structures. I am going long with proper Stop loss and targets. Trade safely, wisely & enjoy the ride.
Confirmed pivot.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
Walgreens Boots Alliance should take its medicine as the share needs some more strength to make it above the resistance at $42.29. From there, the course should rise into the green zone between $52.38 and $59.29 to conclude wave 3 in green before we anticipate a countermovement. A 38% chance remains, though, that WBA could drop below the support at $32.70 instead,...
$WBA has a nice setup here, the blue and red lines are entry and stop respectively, target is shown by the box's upper edge, and time projection for the move by the time duration of the box.
Best of luck!
Cheers,
Ivan Labrie.
The last two times price touched $42 was in August ($42.10) and December ($42.03). Price hovered near $42 highs in November but didn't hold. Could also be a start of new impulsive wave to the downside. Might wait til the fed decision and cpi reports pass next week to get a second look.
WBA has formed a strong horizontal support
This provides a good support for price
Price has already bounced once off this area recently
Right now we are just waiting on the next test
This is on the Weekly timeframe but it would also be evident on the daily
excelente riesgo beneficio
patron armonico
Walgreens Boots Alliance, Inc. engages in the provision of drug store services. It operates through the following segments: Retail Pharmacy USA and Retail Pharmacy International. The Retail Pharmacy USA segment consists of the Walgreens business, which includes the operation of retail drugstores, health and wellness...
NYSE:RAD
RAD is the Rite Aid drug store chain0 being in healthcare and
consumer staples it is relatively resilient in a recessionary context.
On the Chart, RAD is at swing lows sitting on support with
25% upside potential. The RSI indicator shows an impending
K & D line cross under the histogram.
A recent triple top helps mark the resistance while...
-gonna let this play out and wait for a pullback before taking an entry
-Looking to take a position off the 9-day ema 46.78 test
-if we break we enter if we bounce we wait for a rejection
Just a stock that could give a good profit if it continues this trend
but because its not all positive, then remember your stop loss
its all on the chart
Remember to do your own analysis
I see a possible M pattern forming here. I'm thinking about more people being sick and pharmacy visits over the cold winter season. Walgreens is a great convenience store with solid customer service from my experience. They've been around for a long time. I want to see price retrace the previous high up to 38 - 61%. We are currently in consolidation. However, I...
WBA broke a key resistance level and is now testing as support. I'm expecting a bounce off it and a push to $51 next week. In on $50 calls expiring 8/27. Options are super cheap, low risk setup.
