nitrotrader

CVS set up for a couple of nice opportunities!

Long
NYSE:CVS   CVS Health Corporation
So CVS looks to be in a pretty nice channel and trading pretty nicely inside it. I think two things could happen. 1, it could breakout of the channel in which I would buy in after the retest or 2, it could trade back down to support which I would buy at a really nice discount. Two entries on the chart, lets see what happens. It could also keep trading in this channel which wouldnt be all that bad because some serious pressure would be building up for a pretty nice pop bearish or bullish. Lets keep an eye on this one!
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