thecryptostefan

thecryptostefan

Nice falling wedge and retest of support. Tested prior resistance from Jan 2020 already (the open of the gap down on Jan 8). Would be nice to see it hold here and break up out of the wedge to fill that gap at $59.

thecryptostefan

Consolidating under prior resistance for 5 days with a huge wick above the supply zone and a close below. Target last major support around $90.

thecryptostefan

CVS just hit prior resistance with a daily candle matching the previous peak. Not only that, WBA had a breakout of a massive downtrend, but the last two days formed a tweezer top so there is some bearish correlation here. I expect CVS to get rejected from here and move down to the bullish trendline at around $70.