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Big Pharma Crumbles On AMZN Move: Here's The Play

Published 06/28/2018, 02:11 PM

Amazon.com (NASDAQ:AMZN) did it again. The online giant bought PillPack and is now headed into online pharma distribution. Shares of Walgreens Boots Alliance (NASDAQ:WBA) and other pharmacies plays crumbled. Unfortunately, there is little support in the WBA's chart until $45.50. I expect this level to be reached by year end at which point I will look to accumulate based on major technical support.

Note the chart below.

Latest comments

WBA has gone UP since his genius call for it to drop 25%. Incredible how reliable a contrarian indicator this guy is. Read his articles and see for yourself. How he gets away with charging people for his advice, I'll never understand.
Are you nuts? You think WBA will reach 2011 price levels, after being placed in the Dow? It's a screaming buy if it does get there, but good luck waiting for it!!
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