Walgreens Boots Alliance (WBA) is trading lower here on Tuesday in pre-market activity on the heels of the drugstore giant cutting its profit forecast for the year. Let's check out Walgreens' charts and indicators to see what may lay ahead.




Walgreens Boots Alliance (WBA) is trading lower here on Tuesday in pre-market activity on the heels of the drugstore giant cutting its profit forecast for the year. Let's check out Walgreens' charts and indicators to see what may lay ahead.
Here are two stocks I'm playing as yield rises appear to be weighing down a rally.
These names, which have raised their payouts for over 50 straight years, have dividends that are well-covered even during a recession.
And in light of the market's volatility it may not be a bad time to use rallies to trim existing positions, as I recently did with Carvana.
The apparel maker's shares possibly could bounce once it reports its results, but without much basing action any rally likely won't be sustained.
Although the charts show a bottom in October 2022, the vast majority of stocks never rallied and speculative strength never took hold.
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