He said it a month ago or so. CVS and Walgreens both going up. Walgreens up today because of chart breaking Downtrend still should keep goon gup
New news Analysts who follow Walgreens Boots Alliance Inc (WBA) on average expect it to rise 33.89% over the next twelve months. Those same analysts give the stock an average rating of Buy. That average rating earns WBA an Analyst Ranking of 16, which means it ranks higher than 16 of stocks, based on data compiled by InvestorsObserver.
Understand one thing: prices dont go up/down because charts are breaking downtrends, moving averages, price levels or what so ever. Charts simply do what they supose to do: record price evolution in time. And yes they are usefull. And yes again TA works. But not in the sense of most users use them. Charts dont predict future, they are not magic balls. They give you the confort of identifying the best buying/selling zones where odds will work best for you. Just that.
