Walgreens Boots Alliance Inc

WBA remains in a horizontal base after a prolonged downtrend, with price below its 200-day SMA and flat, overlapping shorter EMAs. Short-term momentum is neutral, offering no timing edge, while the medium-term bias stays bearish until key resistance near the upper range or EMAs is reclaimed. Execution is deferred: sell into rallies toward the $12.50–$12.75 resistance zone or into the EMA/SMA overlap.