Intraday Technical Analysis Of CVS Health Corporation

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Today’s instrument is the CVS Health Corporation stock, a health solution company, which is traded on the NYSE stock exchange under the ticker CVS

Looking at CVS’s chart, we can see that it was lastly traded at around $86.

Today, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should see the price testing the resistance level at around $88 if it is able to break through it then it could approach the level of $90.

On the other hand, if the anticipation is negative, then it could test its 52W low at around $84.60.

(Click on image to enlarge)

AAATrade's Intraday Technical Analysis of CVS Health Corporation - 08/02/2023


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