Hello fellow traders and investors WBA has pulled back approaching their earnings report which ended up exceeding expectations. The 46.50$ area has acted as a strong level of support in the past and as we approach that area I am getting ready to buy some shares. It offers a 17% ROI as of the time of publishing this idea.
Take Profit: 55.80$ Stop Loss: 45.80$
Technicals: - RSI=Oversold - Exhaustion in selling volume -Moving averages still indicating a downtrend
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