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ArturoL

Price on long term demand zone

Long
Walgreens Boots Alliance, Inc. (NASDAQ:WBA)  
ArturoL Updated   
NASDAQ:WBA   Walgreens Boots Alliance, Inc.
Trend Analysis Support and Resistance Supply and Demand Demand Zone oversold
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trendanalysis supportandresistance supplyanddemand demandzone oversold
Price is consolidating at the demand zone from 1998 and is clearly oversold. It won't take much more time to start climbing up. I already have a long position but still good time to jump in. My TP is around the 30 level but is probably too ambitious, I will take profit on the way up. There is a resistance at 26, be careful with that one.
Comment:
I just sold CSP to collect premium. I don't mind holding the stock if it gets assigned. Is trading at an important demand zone.

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Comment:
Keep an eye on this one. Looks like a falling wedge forming just on the historic demand zone:

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Comment:
Well, it looks like is going to rip:

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First target:

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Comment:
Nice
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