WALGREEN CO
(WAG-NYSE):
Technical Viewpoint: From a low
of $30.72 on Dec 23, 2001 prices
rallied, reaching a
high of $34.32
on Dec 28, 2001. A
decline saw prices pull back, reaching a
low of
$32.53 on Jan 2, 2002.
Another rally saw prices penetrate
resistance, closing 1/22/02
at $36.25. Technicals: MACD-Histogram (MACD-H): A Buy Alert!
was given on Dec 27, 2002 when the Histogram crossed the "0" line to the upside.
Support: Remains at $. Resistance: Is at $.
Point & Figure: Reversed to the upside on Jan 4, 2002. A P&F upside
reversal takes place at $35.00. Summary: Technical indicators have turned bullish. BUY! WALGREEN CO
(WAG-NYSE) @ $36.63 Stop: Use a protective stop of $34.38.
WALGREEN CO is currently trading @ $36.25 plus $0.84 on Jan 22, 2002. Price Objective:
$49.50. Risk/Reward: $2.25 VS. $12.88. Today's Risk Reward Ratio: 6:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$49.50
Risk/Reward:
$2.25 VS. $12.88
Risk/Reward Ratio:
6:1
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