Hi Shoppers,
I am seeing a possible hanging man candle in CVS Health Corp (Ticker: CVS) which could be indicating a change in that upward trend:
There is also a double top.
Watch for CVS to stay below yesterday’s close before hopping in on the downside.
It could pull back to the 200-day moving average which meets with the upward sloping trendline at $99.
Use yesterday’s high as your stop loss spot.
Trade Review
I was looking for a pullback in Las Vegas Sands (Ticker: LVS) and it didn’t happen, the stock traded higher.
So no trade was made.
Thanks for Reading … See You Next Tuesday.
Licia Leslie