LOOKS AS THOUGH WBA MAY HAVE ENTERED AUTOMATIC REACTION PHASE AFTER A POTENTIAL SELLING CLIMAX PER WYCKOFFIAN LOGIC. USUALLY, AN ACCUMULATION PHASE FOLLOWS. SEE THE ANNODATED CHART BELOW FOR DETAILS: tos.mx iNSTRUCTIONS: OPEN LINK RIGHT CLICK CHART TO OPEN LINK IN A NEW WINDOW. ENJOY.
2019 HAS NOT BEEN KIND TO WBA INVESTORS, IT HAS WON THE WORST DOW STOCK AWARD , WITH A 22% DECLINE AND HAS RECENTLY REACHED 5 YEAR LOW. CURRENTLY TRADING AT A VERY REASONABLE P/E RATIO IT HAS STARTED TO FIND A BOTTOM AND HAVING RECENTLY RECLAIMED THE 200MA IT IS GATHERING THE INTEREST OF INVESTORS AGAIN. AVERAGE ANALYSTS PRICE TARGET $58.67 AVERAGE ANALYSTS...
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
CLEAR bullish divergence on this last drop from earnings Sitting exactly on the .618 Fibonacci level from the July 2015 peak. May be a bit premature, but this falling wedge is taking shape. MACD on the up. Great buy for at least the next 2 months
First buy zone --> 48.78 - 51.77 Second buy zone --> 39.51 - 49.53 Possible bounce from 51.77 to fill gap up to 59.47
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...
It is likely that we arrived at full 4 waves in the impulse. Minimum target for the wave 5 looks logical at 100, being the prior high and the median of the impulse channel
On multiple time frame analysis, giving lowered indicators & oscillators
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!
Look at this setup folks... Either gonna rock or get shut down!
WBA with inside day breaking to the upside Relative strength compared to overall market green on month eyeing entry on fridays 75c, 77.50c