CVS Health may rise to 67.00 - 68.80

57.1 is our pivot point.

Our preference

The upside prevails as long as 57.1 is support.

Alternative scenario

The downside breakout of 57.1 would call for 54.2 and 52.5.

Comment

The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 59.264 and 59.1328).

Supports and resistances

70.5 **

68.8 *

67 **

65.2

60.03 (USD-last)

58.3

57.1 **

54.2 *

52.5 **

Number of asterisks represents the strength of support and resistance levels.