Could CVS Health corporation (CVS stock) fall to its 52-week low?
|Today’s instrument is the CVS Health Corporation stock, a health solution company, which is traded in NYSE stock exchange under the ticker CVS.
Looking at the CVS’s chart, we can see that it was lastly traded at around $86.
Today, it is announcing its quarterly earnings, and if the market’s anticipation is positive, then we should see the price testing the resistance level at around $88 and if it is able to break through it then it could approach the level of $90.
On the other hand, if the anticipation is negative, then it could test its 52W low at around $84.60.
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