Looking forward to CVS earnings.
I can see CVS re-testing $55 and below if EPS comes in lower than what wall-street have price in. The only reason CVS have sell is the Pharmacy. Without that the store will be in chapter 13 bankruptcy. Amazon and Walmart have a better sales model to bring customers with cheaper drug prices to fill prescriptions.
Looking at CVS on the 90 min timeframe I see we have a bounce at $56.65 if we can trend up we will break $57.69 and weekly open of $58.00 if earnings come in better than what Wall Street face price in we will see a re test of $58.80 and $60.75
Looking at CVS on the 90 min timeframe I see we have a bounce at $56.65 if we can trend up we will break $57.69 and weekly open of $58.00 if earnings come in better than what Wall Street face price in we will see a re test of $58.80 and $60.75
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