I did an interview on CNBC today to discuss the odds that Walgreens (WBA) is a good investment down at these levels. I looked at the technical aspect of the stock and it still looks like dead money on a longer-term basis. However, if its earning report on Thursday helps the stock rally above $37.25 in a meaningful way, it could give it a nice short-term rally...as it would take it above a third key resistance level. See the video for the details.