$CVS - RC -
Added 2023-11-21 18:18:23 +0000 UTCI haven't posted $CVS in awhile, mainly due to the price consolidating in this descending wedge since June, it has tested the blue line at the 0.65 Fib at $72 a few times but has not been able to break out of this level, so it may continue to drift into the apex of this wedge and then make a decision on which direction this will break out from.
The 200 Day MA is running parallel to the top of the wedge too, so this is a confluence level, if the bulls can break out here and hold above the 200 Day MA, this will be showing strong signs of reversing, for now, the price needs to break above $72.60.
