nexxtrade

$CVS to the downside

Short
NYSE:CVS   CVS Health Corporation
Bearish

- Broke down upward trend line
- Price below 200MA
- MA forming death cross
- Declining momentum on the momentum theory indicator. Foresee turning red soon !
- PEG ( Price/Earning-Growth ) ratio looking at above 2 = overvalued !

Bullish
- Nil
- Nil


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