TradingView
Tanner
May 4, 2018 4:51 PM

CVS Relief Rally on the way Long

CVS Health CorporationNYSE

Description

Short sellers are exhausted after nearly 5 years of selling. CVS looks to be forming a W bottom at the 60 level, earnings have been steady and increasing for sometime making CVS a great value at this price, expect a 20-40% increase when shorts get squeezed in the coming weeks. My conservative target is in the 83, actual target is 95. Stop is a little under 60.
More