Key CVS Health Stock Price Levels to Watch
Key Takeaways
- CVS Health shares have been in the spotlight following reports that the healthcare services giant is considering separating its retail pharmacy and insurance units as it looks to improve profitability and appease investors.
- The stock remains stuck in a long-term descending channel, with the price trading sideways since finding buying interest near the pattern’s lower trendline in late April.
- Investors should watch crucial support levels on CVS Health’s chart around $56 and $52, while monitoring key resistance areas near $68 and $76.
CVS Health (CVS) shares have been in the spotlight following reports that the healthcare services giant is considering separating its retail pharmacy and insurance units as it looks to improve…
