Looks like CVS is in a consolidation period. Distribution is more likely being that there's more selling than buying. ER estimates also appear to be too high to hit and all the indicators are pointing down. I would open a position after earnings but if i had to call it right now it looks bearish for CVS. The ceiling is at 67$ and the floor is 60$
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.