Is it me or is it CRAZY to see Walgreens is down over 60% in the last 4 years. From a contrarian investors POV this could be signaling a great opportunity to get long and collect dividends while this is trading back at discount prices in the 2000's - 2013 price channel. I have no doubt that Walgreens will be around in 5 years as its been in business since 1901....
$WBA made fresh lows after a disappointing earnings call. On the call, the company issued a somber outlook and said that foot traffic is way down. We believe the market took the news in stride and we now have a buy opportunity as trendline support held. The stock also looks cheap trading at just 0.26x sales and 9.89x FCF. Walgreens Boots Alliance, Inc. operates...
$WBA is trading at major long-term support levels around the $49 level. Besides the technical picture, the fundamentals are also supportive of a LONG position in $WBA. $WBA is trading at just 8x this year's earnings, 0.32x sales, and 14.85x FCF. We are also bullish on its competitor $RAD, which we've written up in the past. As always, trade with caution and use...
This trade could be started on a hourly basis, and then managed on a daily basis if it works out.
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Hi, today we are going to talk about Walgreens and its current landscape. The opioid crisis has been plaguing the U.S at the most for nearly two years now. With scary numbers like the record of 47,600* overdose deaths caused by opioids in 2017 but the number seems to start slowdown since 2018 were the war against opioids gained some traction. In the justice...
WBA gapped down at the beginning of April due to an earnings report. The price continued to fall until the end of May, failed when it hit gap resistance in mid-July, & fell again creating a double-bottom at the end of August. Price has continued to fail when attempting to fill the gap but recent price drops have created an ascending triangle pattern. I'm looking...
just try to use my toy to forecast the WBA ER, let see if it works, verify it on Monday Market OPEN
Tomorrow at the opening of the market place bearish strategy for at least 60 days. look for ATM and leaved it open until profit! If the prices raised around 2$ buy it back
What the ___ ? I don't think I've ever seen this. Either, BUY BUY BUY!!! Place your stop accordingly
Falling wedge with bull div in 3 indicators, also visible in a daily chart. Also the monthly 200 ma is at $49/$51, Great buying zone showing reversal signs
This stock (WBA) offers a very nice entry opportunity. It has been falling over the last days, mainly due to earnings report. Despite earnings beating the consensus , the stock dropped 12 percent in the pre-market. Nevertheless this company is still doing well and there is a potential for a long -term trade or maybe even for an investment. WBA is currently...
The price is going up. It's over the 30MM, and the RSI is high! Evaluate if the price has the strength to keep going up!