Long term trendline for WBA

٢٦ مارس

Long term trendline for WBA may serve as support for a swing trade technical bounce. Price is around 17.5. This offers a good R to R with a short stop loss. Previous touches of the line have had returns of +77%. I dont know if that will happen this time, but a few dollars 20 to 24 maybe resistance. Earnings are this week and I would not be surprised if price sells off and goes to the trendline.