CVS Health Corp is scheduled to report quarterly earnings on Wednesday, it's expected to report earnings of $2.1 on revenue of $80.91bn.

Taking a look at CVS health corp, we can that its share price is currently trading at around $73.32 a share. The price seems like it has found a support base along the horizontal trendline at $72.12. A break below this support level could see the price slide further towards $69 a share. Towards the upside, we have drawn a descending trendline as the stock seems like it’s in preparation to test the resistance. A close above the trendline may see the price rise higher towards $74.54 followed by $76.29. Looking at the technical indicators, MACD is flat and RSI is negative as it reads 41. Though CVS is expected to report earnings this week, which will certainly have an influence on its stock price.