MakeMoneyCoESTB2020

WBA reversal @ $43.35, buy 27NOV PUT $41 @ $1.30-$1.40

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NASDAQ:WBA   Walgreens Boots Alliance, Inc.
WBA hit and reversed from $43.35 historical resistance. The 13 SMA & 30 SMA are preparing to cross, the MACD pre-confirmation has already occurred, historically indicating reversals for this stock. There is looming vaccine news that can impact performance but if news is mired in political discourse, reversal should hold. Got in at $1.34, looking to sell at $2.68 o/a 18NOV. $0.80 stop loss in place.
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