$CVS soars after beating the earnings estimates and got upgrader by few analyst.
but the upgrade and good earnings didnt really help to extend it rally this morning.
due to the overall market pulling back, making the CVS conolidate and entering a squeeze.
$CVS average price move per day is about $1.20 to $2.00+ depending on the market volatility.
here's my key level price im looking for entries:
Buy call above 90.64 and sell at 91.30+
Buy puts below 89.30 and sell at 88.67 or below
make sure to set alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
but the upgrade and good earnings didnt really help to extend it rally this morning.
due to the overall market pulling back, making the CVS conolidate and entering a squeeze.
$CVS average price move per day is about $1.20 to $2.00+ depending on the market volatility.
here's my key level price im looking for entries:
Buy call above 90.64 and sell at 91.30+
Buy puts below 89.30 and sell at 88.67 or below
make sure to set alerts on those key level so you wont miss the move.
and always to take your profits as you see one.