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isosphere
Apr 3, 2018 4:09 PM

CVS Looking Like a Buy Long

CVS Health CorporationNYSE

Description

Bull wedge, good valuation, skirting the lower bollinger bands both near-term and long-term.

Comment

Looks like 68.00 might be a resistance to beat here. I'm waiting for a bit more of a jump up before taking profit so I'll be watching for a break or drop from here. We saw pretty good volume on that recent up candle but it got beaten down. The following candles seem kinda bullish.

My target is around 72.00.

Trade closed: target reached

Close enough, I'm out!
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