Walgreens' Bull Channel (Update 5/13)
I've been tracking Walgreens for a few months now (disclosure: I'm long on WBA) and it's been sticking to a fairly nice bull channel for months.
It looked like it was heading up nicely but the markets trashed it over the last few days. On the up side, though, it looks like it 'bottomed out' after the Dow dropped a bunch -- right at the channel low. Today it's recovering nicely, and I'm still bullish on this continuing its trend for at least another cycle.
It looked like it was heading up nicely but the markets trashed it over the last few days. On the up side, though, it looks like it 'bottomed out' after the Dow dropped a bunch -- right at the channel low. Today it's recovering nicely, and I'm still bullish on this continuing its trend for at least another cycle.
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.