NEW YORK (TheStreet) -- They aren't exactly sexy technology names, but a number of the drugstores have nice looking charts, especially if we put some whiteout on Monday's swoon.
The most attractive chart is Trifecta Stocks holding CVS (CVS) - Get CVS Health Corporation Report. The first chart above shows CVS in a multi-year uptrend, with increasing On Balance Volume (OBV) and bouncing a number of times off the rising 40-week (aka 200-day) Moving Average. Prices broke support and the moving average around $100, but CVS has quickly regained the $100 mark.
This second chart is Action Alerts PLUS holding Walgreens Boots Alliance (WBA) - Get Walgreens Boots Alliance Inc Report which shows the stock more than tripling the past few years with some corrections along the way. Prices do not display any topping action so further gains are anticipated.
This third chart is Rite Aid (RAD) - Get Rite Aid Corporation Report -- a potential Stocks Under $10 candidate. RAD broke out of a four-year base pattern at $1 and has had an impressive advance. After some sideways price action/consolidation in the $6 to $9 dollar area, RAD could resume its advance into year end.
Our fourth chart above is the Canada-based pharmacy chain Jean Coutu Group. This name has had a nice correction, about one-third of the rally from $10 to shy of $30. I would be looking for prices to re-base around the $20 level and then gradually resume their advance.