Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through two segments, United States and International.
Revenue TTM 135B
Net Income TTM 6B
EBITDA TTM 6B
Dividend Yield 4%
Based on its downtrend, regress off resistance and a familiar chart pattern confirmed by my technical indicators, I expect at least half a percent in profits IF WBA breaches today's low of $43.55 during tomorrow's session.
SL: $43.70 (loss 6.24 %) (visual only, close if daily closing price below)
TP1: $55 (profit 17.8 %, ratio 2.9)
TP2: $65 (profit 39.5 %, ratio 6.3)
Hello Traders and Investors,
in my opinion, this setup offers a very good trading opportunity as well as a good investment opportunity.
The price is at a strong buy zone. The price has already...
Walgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates in the United States and internationally where it sells prescription drugs and a variety of retail products, including health, wellness and beauty products.
Revenue TTM 134B
Net Income TTM 6.4B
EBITDA TTM 5.6B
Demand Zone Confirmation
Trendline break+ retest
Risk management is much more important than a good entry point.
I am not a PRO trader.
In my trading plan, the Max Risk of each short term trade should be less than 1% of an account.
Walgreens (WBA) Q1 November 2021 earnings are tomorrow 1/6 at 7am. Walgreens Boots Alliance (WBA) reported Q4 August 2021 earnings of $1.17 per share on revenue of $34.3 billion. Revenue fell 1.4% compared to the same quarter a year ago. The company said in its growth presentation it expects fiscal 2022 earnings of approximately $4.91 per share. The current...
This could take us up to the 88.6% Retracement i would buy half of what I would normally buy here and I'll buy the rest if it pulls back more. Stoploss below the level of the right shoulder. In either case my profit taking level will be the 88.6% Fibonacci Retracement.
Walgreens Boots is a very stable business with over 9,000 drug store locations across the states giving it low downside risk, valuation is cheap at 14.91 times earnings and a 4.37% dividend yield. Technically speaking price is below the lower Buy Sell Band, Range Strength and Hurst Exponent both indicate price is in a non-trending mode, and the RSI shows it's...
WBA is in this wedge on the 4hr chart. Could be a good rinse repeater each time it hits resistance for puts and support for calls, or wait for it to breakout either way and take a position on whichever side it chooses.
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...