Technically Speaking For me, the 76 level seems fairly important. As noted on the chart, earnings come out on Thursday, so I would be very careful with this stock. If the 76 level goes the 200 WMA is the next spot I would look for demand followed by the 60 level. Fundamentals Walgreens supports a div yield of 1.92%. Link: www.google.com For div history check...
Looking for a break above the shorter term trend line with an initial target of the 1.272 extension and a second target of the longer term trend line.
WBA announces earnings tomorrow before market open, so look to put on a play before today's NY close. Here are the metrics for defined/undefined risk setups: WBA July 15th 76.5/90 short strangle POP%: 76% Max Profit: $106/contract Max Loss/Buying Power Effect: Undefined/$1031/contract WBA July 15th 74/78/89/93 iron condor POP%: 67% Max Profit: $104/contract Max...
Big Picture: Market is hovering around major resistance and curling down. Index for biotechnology is lagging. The company posted an earnings and reaction of investors was negative. No, it is building nive bear flag and with today's close it was resolved. Trade Management: Entry near $80.70 with respective stop at $82.20 make this trade very attractive from...
WBA in a bear Flag pattern. The flag pattern is perhaps the most favorite For most technical analysis traders. Watch that 78 level, which would be the measured move. Wait for confirmation.
at resistance into earnings, long stock with a wekly 87/80 PS, July 90 collar
MU and WBA are tickers i would focus more from here. If you ask me.