Technical indicators signal a Ascending Triangle forming. Verify the setup on the chart.
Bullish continuation pattern.
A clear signal has emerged for CVS Health (CVS) on the daily chart. Currently at $98.32, the asset is showing downward momentum (-0.85%). The primary technical feature is a Ascending Triangle formation. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $102.77, targeting $119.32 with support near $94.89 (R:R 2.1).
What is your outlook on CVS?