Walgreens Boots Alliance’s stock price (WBA) fell in the intraday levels on profit-taking, while venting off overbought saturation in the RSI, amid the dominance of the upward correctional wave in the short term, with positive pressure due to trading above the 50-day SMA. 

 

Therefore we expect the price to return higher and target the resistance of $15.54, provided it settles firmly above the support of $11.11. 

 

Trend forecast for today: Likely Bullish