We’ve been short Walgreen (WBA.NAS) and Target (TGT.NYS), both stocks are now building downside momentum. We’re mindful of the supportive backdrop in broader equity markets and the countertrend position in both of these names, therefore, reduce the stop loss to the entry point and hold both of these names looking for a further 5% downside to reach our profit targets.
Short Walgreen WBA.NAS
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Short Target TGT.NYS
