WBA, TIME TO LOAD UP!

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

Fundamentals:
- Market Cap: 42.10B
- Sales Last 12 Months: 133B
- P/E: 20.80
- P/S: 0.32
- Debt/Equity: 0.76
- Sales growth Q/Q: 12.10%
- EPS growth Q/Q: 162.10%
- Profit Margin: 1.70%
- Short Float: 1.79%

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