$CVS
Added 2023-10-02 09:40:07 +0000 UTCStrong flush down after its earnings and losing some contracts potentially to $AMZN but it has recovered slightly since, we can see that it held support exactly at the 0.78 Fib and has bounced up to the 0.618 Fib and has so far rejected, let's see where it can find support now, if it can find support again above the 0.78 Fib, it can break higher above the 0.618 Fib on the next attempt.
At the 0.78 Fib I have set Wave 2, so we are looking for confirmation now that this is in Wave 3.
This is one of Michael Burrys largest holding too, so he sees the value we see here too.
Comments
Thoughts on closing 10% of its stores?
Steele Broderick
2023-10-02 09:41:18 +0000 UTC
