emehoke

WBA. From watchlist. Pullback setup. Worth some attention.

Long
NASDAQ:WBA   Walgreens Boots Alliance, Inc.
More time with the watchlist. I will be convinced of it's value eventually.

Trying to identify a good turning point here is a little difficult because the 2nd peak of wave (5) tells us there's a higher probability this Elliot cycle could be finished and entering a deeper correction. But if it's not, then it is getting to a really good support area with incoming confluence from trendline support, 50 MA support, and previous price support.

I will keep an eye on it. I'm not crazy to jump in just yet. I think I can find some that haven't put in the fifth wave already and have similar supporting confluences. It kills me being so picky sometimes. I might have to take a small size.
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