A reader suggested Walgreen (WAG) might be poised at a good entry point as a dividend income equity investment. A look at it's YDP chart seems to show players totally ignore its dividend in trading shares. The yield is rising against both rising and falling share price, a reflection of its rapidly increasing distribution. However, share price volatility totally eclipses dividend yield. The technical chart is pretty simple and an investor could use that to find a more comfortable entry point for both price growth and best yield. The highly volatile quarterly price swings suggests maybe the stock is driven by short sellers and short squeezes. Its too bold for my blood but maybe you like a wild ride.
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.