SamSuka
The Long Investor
The Long Investor

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$CVS

Broke out of its wedge today and is testing the 200 Day MA now on the daily chart.

This is on the strength of $CVS announcing an upbeat Revenue Guidance and increasing their dividend payment too.

Just above the 200 Day MA is the 0.65 Fib at $72.60 and our blue line, so getting back above this level will be a good sign and showing that the trend is to the upside again....this will also bring $CVS out of the buyzone too.

$CVS has been consolidating since April, so this will be a welcoming move now if the price can break above $72.60

$CVS

Comments

is this an update chart still?

Baktash Azizi


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