Skip to main content

Market Overview

Chris Verrone Sees Hope For CVS Health Corp Stock

Share:

On CNBC's "Options Action," Chris Verrone said CVS Health Corp (NYSE: CVS) is a stock that is bottoming and getting better.

When a prior resistance becomes support, it speaks to an improving technical picture, he added. The 50-day and 200-day moving averages are up, and Verrone sees the stock moving up to $77 first and then to $90. He likes the stock on the improving technical picture.

 

 

Related Articles (CVS)

View Comments and Join the Discussion!

Posted-In: Chris Verrone CNBC Options ActionOptions Markets Media

Don't Miss Any Updates!
News Directly in Your Inbox
Subscribe to:
Benzinga Premarket Activity
Get pre-market outlook, mid-day update and after-market roundup emails in your inbox.
Market in 5 Minutes
Everything you need to know about the market - quick & easy.
Fintech Focus
A daily collection of all things fintech, interesting developments and market updates.
SPAC
Everything you need to know about the latest SPAC news.
Thank You

Thank you for subscribing! If you have any questions feel free to call us at 1-877-440-ZING or email us at vipaccounts@benzinga.com