CVS Caremark Corp. (CVS) Posts Strong Q4 Results To Breach 20 Day, 50 Day And 200 Day MA
By Mark Moneymaster
February 08, 2010 11:38 AM
February 08, 2010 11:38 AM
Symbols: CVS
CVS Caremark Inc. (NYSE: CVS) climbed 6.3% higher in early trading on Monday, as the company posted an 11% improvement in its earnings for Q4. CVS Caremark Inc. (CVS) breached above its 20 day, 50 day and 200 day MA in the same session on Monday, thus indicating strong signals of bullishness on daily charts.
CVS Caremark Inc.’s (CVS), pharmaceutical retail chain earnings were largely boosted by new client starts and a boost in pharmacy-benefit claims by the addition of RxAmerica.
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