SamSuka
The Long Investor
The Long Investor

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$CVS - RC -

Sharp pull back here since hitting the Second Target, we can see that the 200 Day MA is perfectly aligned with the 0.618 Fib level at $71.50 so this is where I expect a test will happen next and a hold here would be ideal, as it is the standard Wave 2 pull back level.

If this level does now hold then the bulls need to see the price stay outside of the yellow wedge at $67.

Holding the 200 Day MA will be a substantial change of trend for $CVS compared to the last 2 years.

$CVS - RC -

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