$WBA with a Bearish outlook following its earnings #Stocks The PEAD projected a Bearish outlook for $WBA after a Negative Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%.
0LSZ trade ideas
very strong support
Entry: $46.60
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 formed 2 nice weekly hammers. In daily, there was a hammer a few days ago and confirmation by the bullish candle the next day.
The price has been in a range of about $45 to $56 for over a year. If the price leaves this range to the upside, there is a high probability of reaching $65.
However, WBA also offers a good investment opportunity as the dividend yield is over 4% and the fundamentals are also very strong.
Deutsch
Hallo Trader und Investoren,
dieses Setup bietet meiner Meinung nach eine sehr gute Tradingmöglichkeit, sowie eine gute Investmentchance.
Der Kurs befindet sich an einer starken Kaufzone. Der Kurs hat schon 2 schöne Weekly Hammer gebildet. Ebenso im Daily gab es vor paar Tagen einen Hammer, sowie eine Bestätigung durch die bullische Kerze am nächsten Tag.
Der Kurs befindet sich seit über 1 Jahr in einer Range von ca. 45 $ bis 56 $. Falls der Kurs diese Range nach oben verlässt, gibt es eine hohe Wahrscheinlichkeit, dass der Preis die 65 $ erreicht.
Jedoch bietet WBA auch eine gute Investmentmöglichkeit, da die Dividendenrendite über 4 % liegt und die Fundamentaldaten auch sehr stark sind.
$WBA NICE ASS SET UP -gonna let this play out and wait for a pullback before taking an entry
-Looking to take a position off the 9-day ema 46.78 test
-if we break we enter if we bounce we wait for a rejection
WBA LongDemand Zone Confirmation
Trendline break+ retest
Entry 49
Stop 47.7
Target 55
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 earnings tomorrow at 7amWalgreens (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 consensus earnings estimate is $5.06 per share for the year ending August 31, 2022. The setup here leaves little space for much more of an upside move, but also WBA should meet or beat consensus estimates. So I'm neutral leaning bearish at these levels going into earnings. Here's important price levels on the 1 day chart.
Q1 Consensus:
EPS = $1.35
Revenue = $32.93B
P/E = 20.87
Div/Yld = 3.534
52 week high = $57.05
52 week low = $40.77
SMA200 = $50.25
SMA150 = $49.05
SMA100 = $48.75
SMA50 = $48.74
breakout = $54.29
R3 = $53.28
R2 = $52.28
R1 = $51.27
pivot = $50.27
S1 = $49.26
S2 = $48.26
S3 = $47.25
breakdown = $46.25
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analyst's motives
Emotions & Opinions
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Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
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Trading log (pencil & graph paper)
Big, organized desk
Reading books, playing chess
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Inverse Head and Shoulders on WalgreensThis could take us up to the 88.6% Retracement i would buy half of what I would normally buy here and I'll buy the rest if it pulls back more. Stoploss below the level of the right shoulder. In either case my profit taking level will be the 88.6% Fibonacci Retracement.
WBA_SELL SIGNALIt is located inside the descending channel.
Corrected after hitting the roof of the canal.
It seems that the share CORRECTION will continue for the next month.
Do not be on the BUY side.
Walgreens ~ WBAWalgreens on the weekly chart here is breaking out. I'd go long here anticipating a breakout over 52$ and if it holds it'll begin a nxt run up.
$WBA Cheap & OversoldWalgreens 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 oversold and currently 6.81% below the 50 day MA making a nice long play here back up to the 50 day MA.
Buy $WBA - NRPicks 08 OctWalgreens Boots Alliance, Inc. operates as a pharmacy-led health and beauty retail company. It operates through three segments: Retail Pharmacy USA, Retail Pharmacy International, and Pharmaceutical Wholesale. also offers specialty pharmacy and mail services.
Revenue TTM 146.1B
Net Income TTM 2.2B
EBITDA TTM 5.2B
Total Debt/EBITDA 4x
P/S 0.31
P/B 1.87
Dividend yield 3.91%.
WBA ready for take off ? 🚀Just a stock that could give a good profit if it continues this trend
but because its not all positive, then remember your stop loss
its all on the chart
Remember to do your own analysis
$WBA Wedge - Rinse Repeat or Wait for BreakWBA 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.
WalgreensI 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 believe that since that previous was broken and the current low being higher than the previous, I can see WBA respecting that sentiment on a long term scale. The win goes to the longest holder. On the weekly , we are on the bottom of the Mac D as well and looks to be losing its bearish momentum.
Not advice!
WALGREENS BOOT ALLIANCE : CMP 48 Stock is in correction and trying to breakout from monthly time correction...once Stock break 55 then stock expected to start new where as first stop will be 95 and so on.....35 will be stoploss
WBA bearish flag might formpattern shows a bearish flag will form in coming days. i'm learning so let me know if i analyzed wrong
WBA setting up nicely - $51 incomingWBA broke a key resistance level and is now testing as support. I'm expecting a bounce off it and a push to $51 next week. In on $50 calls expiring 8/27. Options are super cheap, low risk setup.
WBA Complete analysis for going longThis is very nice setup with multiple confirmations:
1. It has very strong support level
2. The last time it reached it consolidated into bull flag, than it broke it and had bullish momentum for couple of days
3. Consolidation with 2 trendlines at the same place is broken
4. if it makes new high it can continue expected trend
WBA shortWaiting for the continuation of the downtrend after a local bounce. On the daily chart, the price rested against MA200, on weeks - in MA100. Looks weak in terms of sector analysis.
Walgreens Gonna bring some greens!With the last 4 quarters being profitable, and the down trend broken in December 2020, the stock is finding some upward momentum. The recent bounce from the support at 46.10$, is a good buying opportunity. Must clear hurdle at 50.60$ then will reach 56$
Remember to manage your capital at risk and stop loss ( I usually place it 10% below entry)
WBA BIAS: UPThe price has break out from the recent downward channel, and buyer volume has increased, short term trend will be bullish. Make sure to apply SL and TP.
$WBA Falling knife targeting 39.6Dumped with volume - indicators over sold! 44 is key to short or bounce!
