But thank god we mean the end of the current downtrend. The price is currently in the magenta wave , which it should complete in our green target zone between $27.30 and $24.10. With this, our white wave (II) is also coming to an end and thus a change in direction is imminent. Here, long orders can be placed well, since significant increases are to be expected...
If you haven`t sold WBA here:
Then Analyzing the options chain of WBA Walgreens Boots Alliance prior to the earnings report this week,
I would consider purchasing the $32.5 strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.62.
If these options prove to be profitable prior to the earnings release, I would sell at least...
WBA is a beautiful stock reacting from magical levels. Trade carefully and watch everything with complete focus.
If you do like this analysis don't forget to follow me & give me a thumbs up.
I saw the price action on my system and I dont feel confident about it. We have so many better plays to easily make money and get out. For me this is just 1:2 quick trade. Do not trade options. Go through the analysis carefully.
Let me tell you this that now we have a confirmation that WBA will give us very good targets. I will post the video analysis tonight very soon. Stay tuned.
This should be added in your portfolio for at least 2-3 months but with proper stop loss levels. Watch the video and let me know if you did like the analysis. Trade safely, wisely & confidently.
Looking at the WBA Walgreens Boots Alliance options chain ahead of earnings , I would buy the $30 strike price Puts with
2023-6-16 expiration date for about
$1.01 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
WBA price action is clearly suggesting that price is inside solid structures. I am going long with proper Stop loss and targets. Trade safely, wisely & enjoy the ride.
The PEAD projected a bullish outlook for $WBA after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 55.56%.
Confirmed pivot.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in green with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and...
Things to have in mind:
I've graphed a few historic values that most analysts have in their notes.
Walgreens Boots Alliance reports their earnings tomorrow BMO: I'm anticipating the market will buy the surprise.
The %B is at a good value to "signal oversold".
