Walgreens Boots Alliances stock price (WBA) stabilized in the intraday levels, with negative signals from the RSI after reaching overbought levels, with negative pressure from the 50-day SMA, amid the dominance of the main downward trend in the medium term.

Therefore we expect more losses for the stock, targeting the support of $15.20, provided it settles below the resistance of $19.70.

Trend forecast- Bearish