The three main drugstore plays, CVS RAD WAG, have held in pretty well over the past few quarters. CVS on the first chart below is still in a powerful bull run, looking to trigger another leg higher with a move thorough $50. RAD saw a spurt of buy volume over the past month, with $1.46 serving as a trigger there for continuation of the move. Finally, WAG should hold here above $37 to cement its recent breakout on the weekly.
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RAD saw a spurt of buy volume over the past month, with $1.46 serving as a trigger there for continuation of the move.
Don’t understand the 1.46 reference, chess.