Could CVS Health corporation (CVS stock) fall to its 52-week low?

AAATrade Team AAATrade

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.

Author

AAATrade Team

AAATrade

The AAATrade Team has extensive experience in content writing for the financial industry. Stelios Nikolaou is the lead writer of the team, he currently works at AAATrade to provide research and content writing services.

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