Feb. 2 at 5:08 PM
$CVS To confirm a new bullish trend, the stock needs to clear the following hurdles:
Primary Resistance (Short-Term):
$75.00
I view
$75.00 as a psychological and structural pivot. A clean break above this level would signal a recovery from the recent January dip.
Secondary Resistance (Mid-Term):
$80.00 –
$81.50
This range acted as a ceiling throughout early January. A breakout above
$81.50 would likely confirm a "bullish breakout" and potentially pave the way for a run toward the consensus analyst target of
$95.00.
Long-Term Targets: If momentum sustains, major resistance sits at
$85.95 and
$91.03.
