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Stock Market & Financial Investment News

News Breaks
June 24, 2014
10:07 EDTWAGWalgreens slips after earnings miss, withdrawal of FY16 goals
The shares have been heading lower since the open, last down 2.4% to $71.88. At that price, next support is at $71.11. Resistance is at $72.47. An important test of support for the shares would be a break below the 50-day moving average, last at $70.18. That moving average is a good approximation of a hand-drawn uptrend line on a long-term basis. A break would end the current bullish trend.
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