CVS HEALTH TECHNICAL ANALYSISPrice recently bounced from the discount zone around $50 after a fakeout breakdown, showing demand absorption.
The stock has reclaimed the $70 support area and is now trading at $75.77, confirming strength.
The next major resistance and liquidity area is around $83.44, which could act as the next upside target.
If price sustains above $70, the trend bias remains bullish toward the $83–85 zone.
A breakdown below $70 would weaken the structure, possibly retesting $60–62.
Long
