CVS Health may rise to 65.90 - 67.50

56.9 is our pivot point.

Our preference

The upside prevails as long as 56.9 is support.

Alternative scenario

The downside breakout of 56.9 would call for 54.3 and 52.8.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 58.58 and 58.8078).

Supports and resistances

69 **

67.5 *

65.9 **

64.3

61 (USD-last)

57.9

56.9 **

54.3 *

52.8 **

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