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thecryptostefan

CVS at resistance - looking for retrace to $70

Short
CVS Health Corporation (NYSE:CVS)  
thecryptostefan  
NYSE:CVS   CVS Health Corporation
Chart Patterns CVS Support and Resistance Equity retail
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chartpattern cvs supportandresistance equity retail
CVS just hit prior resistance with a daily candle matching the previous peak. Not only that, WBA had a breakout of a massive downtrend, but the last two days formed a tweezer top so there is some bearish correlation here. I expect CVS to get rejected from here and move down to the bullish trendline at around $70.
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