Hey Traders, I recently entered another WBA trade. My Entry price was 86.00 but I do see plenty more entry opportunities before this move plays out.. This is a Swing trade that has been extremely profitable for me. These trades can take up to a month or so to hit targets given the fact that price needs to move nearly $5 to hit target 2.
Entry- $86.00
Target 1- $84.00
Target 2- $81.50
If price can come back up to 85.30, I may add to the position. I will be sure to update this idea as the trade plays out. Thanks traders and feel free to leave a comment or any questions you may have regarding this setup.
Also, I am trading options on this ticker not shares.
I bought Jul 21 2017 $85 Long Puts!!