Walgreens clear short
Hey everyone,
besides the overall downtrend since 2015 there are a few things to talk about.
1. The price hit the resistance line and bounced off it. (Short signal)
2. The ROIC (return on invested capital) gets worse and worse. (Short as well)
3. The PER (price earning ratio) is very expansive atm. (Short the hell!)
Did i say short? No? Short it than!
Much fun with that trade!
Leave a follow please, my goal is 200 :)
besides the overall downtrend since 2015 there are a few things to talk about.
1. The price hit the resistance line and bounced off it. (Short signal)
2. The ROIC (return on invested capital) gets worse and worse. (Short as well)
3. The PER (price earning ratio) is very expansive atm. (Short the hell!)
Did i say short? No? Short it than!
Much fun with that trade!
Leave a follow please, my goal is 200 :)
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