$CVS - RC -
Added 2024-05-01 19:12:55 +0000 UTC$CVS is getting destroyed today and down -17% right now. $WBA its biggest competitor has also been in a downward trend for the last 3 years too.
The sector looked like finding its feet towards the end of 2023 but one bad earnings underlines the delicacy of this sector and the reaction was not friendly.
The price is managing to hold on the yellow historical trend line which has been in place since 2003 but needs to hold now, or the next levels down will be at the blue line at $51 and the 0.78 Fib at $42.
