Walgreen Co (WAG) has signaled an exit on the break of important support at 48. Resistance is seen at 48, 46.7 & 45, whereas critical support is at 40 breaking which the stock might see much lower levels. We also derive from the charts that WAG is a highly volatile stock which tends to break important supports and as well as resistances frequently. But having said that, the stock still looks to be downwards but any quick reversals are not to be ruled out.
Supports – 40
Resistances – 48, 46.7, 45
Supports – 40
Resistances – 48, 46.7, 45
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