WBA LongBroke out of failing wedge, retested breakout and now beginning stages of projected running flat.
WBA trade ideas
WBA ---- Possible long opportunity if price action confirmWBA ---- Possible long opportunity if price action confirm
BUY $WBA - NRPicks Nov 29Walgreens Boots Alliance opera cerca de 19,000 ubicaciones en 50 estados y 25 países. El posicionamiento defensivo central es principalmente alrededor de la farmacia que se ubica en lugares de alto tráfico. Actualmente, la empresa tiene la mayor cuota de mercado de farmacias minoristas (alrededor del 20%, sin incluir el correo), lo que proporciona importantes ventajas de costes y escala.
La compañía tuvo un retroceso de 16% después que el 17 de noviembre Amazon lanzó su nueva linea de Amazon Pharmacy, la cual podría ser una competencia potente y directa, sin embargo, creemos que la Walgreens ha sido sobre afectada con la noticia.
Uno de los puntos a favor de la compañía es el crecimiento en el rendimiento de dividendos que entregan, además, no se ha podido ver una recuperación importante en el precio de la acción en relación con el precio Pre-covid19 lo cual la hace atractiva.
$WBA very bullish$WBA is looking very bullish for many reasons: 1. it broke the anchored VWAP, 2. coming back from retracements nicely, 3. it is going after the previous gap to fill it, today's candle is bullish engulfing, looking for continuation tomorrow while the SPY still ripping .... don't forget a key location to store and give out covid vaccines.
$WBAEvery analyst loves this stock for its dividend and its current low price (PE, etc), thoughts? did we find a bottom?
Is Walgreen Boots Finally Done Falling?Walgreen Boots Alliance has trended lower since mid-2015. However now it could be showing signs of a historic turn.
The first thing that jumps out on this chart is the false breakdown in late October, followed by signs of a higher low this month. Notice how WBA knifed under $34 before spiking back above $44.
Next, where are prices stabilizing? The current level around $38 is important for two reasons. First, it roughly matches the peaks October 16-23. Second, it’s on top of the downward sloping trend line. That means WBA could be finding new support at old resistance.
Third, the 50-day simple moving average (SMA) has turned positive and the stock is now bouncing at it.
Stochastics show an oversold condition as well.
Finally, the long-term momentum has been improving. MACD has been rising on the weekly chart for more than a year – even as prices made lower lows. That’s bullish divergence.
WBA fell last week after Amazon.com launched its Pharmacy service. However the fundamental story showed a surprising turnaround last quarter. Speaking of fundamentals, WBA's forward P/E ratio is in the single digits. That makes it a potential “value stock,” which is the kind of name investors are now seeking.
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WBA LongWeekly chart
Downtrend channel breakout
Double bottom
Entry 40
Stop 34
target1: 50;
target2: 60;
Retesting the Double bottom neck line, 38 is a better price.
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WALGREENS BOOTS ALLIANCE Offer Hello traders, WALGREENS BOOTS ALLIANCE is in a bullish dynamic with a strong buying volume executed at the start of the session and a hammer candle. In the TIMEFRAME M1 we can see another candle with a trace of sellers with a large purchase volume issued at the end of the session. It is heading towards the VWAP that it will break big propability of breakout the price of the title then breakout the stabilization zone. Then join another one it goes towards its next higher (See TIMEFRAME H4) after that comes on the next high (see TIMEFRAME H1). And if to finish on the top which follows in D1 then go to test of the symbolic number 46.00.
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WBA reversal @ $43.35, buy 27NOV PUT $41 @ $1.30-$1.40WBA hit and reversed from $43.35 historical resistance. The 13 SMA & 30 SMA are preparing to cross, the MACD pre-confirmation has already occurred, historically indicating reversals for this stock. There is looming vaccine news that can impact performance but if news is mired in political discourse, reversal should hold. Got in at $1.34, looking to sell at $2.68 o/a 18NOV. $0.80 stop loss in place.
Walgreens WBA: Market Mover For Today: USA Walgreens WBA: Market Mover For Today: USA
A Profit & Solutions Strategy
WBA LongHit crucial monthly trendline support and the U.S. government has finalized a partnership with Walgreens to deliver the COVID vaccine as soon as it's available! Not only that, but this company is significantly undervalued at the moment. I believe this is a great long-term play.
WBA - Ready for a Comeback?I don't typically look at Walgreens or CVS because I honestly do not get excited about retail brick & mortar at all. Although, the recent pandemic may have helped them in many different ways, one of which is that pharmacist are allowed to give ALL vaccines. That is HUGE for these companies and honestly horrible for small practices. Hmmm, I wonder if that seems like a trend no matter what industry you're in?
Walgreens has been on a steady decline since 2015 and honestly this is one of the ugliest charts I have looked at for large cap companies. The one thing that caught my attention is divergence on the MACD and RSI on the weekly chart. Not to mention, the monthly chart is showing oversold conditions. Considering the environment we are in, I can't imagine Walgreens going any lower. Would I invest in Walgreens for the long term? In my opinion, no. The dividend is great but I am looking for growth. I don't see anything innovative they are doing or planning on doing and their acquisition of Rite Aid was horrible.
Nevertheless, I think we will see a bullish run back up to $65. From there, who knows where it will go.
Buy Alert: $WBA Strong Bullish DivergenceShould we get $64 within 3 months?
I call out a strong buy for $WBA. There's a multi-months trend, even years after the divergence is completed
The chart never lies.
Long, Trend support and horizontal support weekly time frameconfluence for trend line support and horizontal support. Tight stopploss
Can it hit that pink line?If it breaks above that top black line, expect it to hit that pink line. If it breaks below the black line then lower prices to come.
