Walgreen interesting above $34.80

1) WAG is currently trading at the bottom of a three year channel….a very wide trading channel.

2) on the daily chart there is resistance at around $34.70 and the 50 sma (yellow line).  A solid daily close above $34.80 may be a solid long-entry for a bucket 2 try

Watch More:

Leave a Reply

Your email address will not be published. Required fields are marked *

Get Serge’s Daily Trading Tips

Subscribe now and get clear, actionable, and relevant trade ideas!

By giving your contact info you agree to receive future emails from The Steady Trader including educational and promotional content. By providing your mobile phone number and clicking on the above “Subscribe” button, you agree to receive automated promotional messages from us via SMS. By opting into our SMS Program, you agree to our Terms and Conditions and Privacy Policy.