CVS Health Corporation (CVS) stock price recorded further gains in its latest intraday trading, amid clear dominance of the main upward trend on the medium term, with price moving along a supporting trend line. Momentum is also supported by positive signals from RSI after previously reaching heavily oversold levels. The latest rise comes as the stock attempts to shake off the negative pressure from trading below the 50-day SMA.

Therefore we expect the stock price to rise in upcoming trading, as long as it holds above the $74.00 support level, targeting the key resistance at $85.00.

Todays price forecast: Bullish