Long base Cup and Handle forming for CVS. Has high free cash flow yield. Forming the handle and watch if it falls or stay at 1/3 or 30% limit from highest price level.
Now at limit of 84.82. Can't go lower to qualify for Cup and Handle. Note the high volume on weekly so likely to move up. Continue to monitor.
Now at limit of 84.82. Can't go lower to qualify for Cup and Handle. Note the high volume on weekly so likely to move up. Continue to monitor.
Comment:
Please DYDD. Not financial advice. Earnings 8 Feb. Risk manage.