CVS breakout to the upside

25 окт. 2021 г.

from my chart and opinion, CVS has broken out of its bearish trend towards the upside and has made confirmation though its Doji on the daily, re-testing that trend-line from above. WBA released earnings last week and moved 7% to the upside because it beat earnings (earnings had a low expectation). CVS has earnings on NOV.3 with a low expectation. by being in the same industry as WBA, i (personally) expect CVS to beat earnings as well and causing the price to move towards the upside. if your curios... i opened 6 contracts - NOV.19 2021 85C @3.80