Aug. 10 at 2:57 AM
$CVS is coiling tightly as heavy institutional call sweeps highlight accumulation right near key technical trendline support. Driven by steady retail pharmacy cash flows and strong long-term LEAPS positioning, the technical framework is primed for an orderly expansion back toward multi-month highs.
Bull Key Levels: A confirmed break and hold above immediate horizontal resistance at
$97.50 unlocks a fast track toward the
$100.00 psychological barrier. 🐂 🚀
Bear Key Levels: Losing support at
$92.00 shifts short-term control back to sellers and accelerates a retest of lower volume floors. 🐻 🛑
Take Profit Targets:
$102.00 /
$105.00. 💰 🎯
#hovdid #CVS #TechnicalAnalysis #PriceAction #Stocks