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Matewan3291
May 24, 2020 3:46 PM

$CVS Fundamentally and Technically Ready Long

CVS Health CorporationNYSE

Description

CVS is not just a pharmacy anymore, it is a healthcare brand
Minute clinics with healthcare providers, pharmacies, but most importantly, one of the top insurers in the country.
This means from top to bottom, CVS will handle your outpatient visit, insurance claim, and dispense your medication. One stop shop. Their future is bright

Technicals:
Huge inverse head and shoulders developing over the last weeks on the daily.
The hourly has hidden bullish divergences and now looks to be bottoming on the final arm of the pattern.
Slower mover typically so this is a buy and hold with the first target of 74.
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