Price appears to have been rejected between $71 and $70. Therefore, I am expecting price to break lower through the most current support and fall to the next support around $68 and $67.
CVS - Stock - Options Play - Fib play? - trend line? - Will CVS get back to $77? We will see?
20% upside within a week, levels are shown in the cyan lines. confirmation over 74.4, 77.3 (major resistance) a close below 71 would say otherwise good call option swing opportunity imo
CVS has been on a downtrend for the past three weeks and finally has broken out. I'm looking at a PT of 81.
Entered a few LEAPS this week and playing with common. This massive swing is ready for some crazy upside.
CVS just hit prior resistance with a daily candle matching the previous peak. Not only that, WBA had a breakout of a massive downtrend, but the last two days formed a tweezer top so there is some bearish correlation here. I expect CVS to get rejected from here and move down to the bullish trendline at around $70.
We see fakey pattern at weekly demand zone. It can be true time for longs.
Hi All, I've entered a long position on $CVS. I believe that COVID-19 vaccine distributions throughout Q1 and Q2 will aid $CVS with additional revenue, giving them the ability to further scale and efficiently grow at a rapid pace. They are currently sitting at ~ $97B market cap- I expect an additional $40B - $50B of revenue to be added to their income...
NYSE:CVS Possible Scenario: LONG Evidence: Tristar Bullish Candlestick It's my idea and could be wrong 100%
CVS is going to be administering the first wave of vaccines, we could see breakout of the this falling wedge and see some bullish momentum, over 75 FOMO will kick in. Key levels: Resistance: 73.49, 74.55 Support: 71.08, 69.18, 67.30 My plan: Safe: 80C 1/15 Lotto: 75C, 80C 12/18
100 EMA are about to cross the 200 EMA and with this news we could breakout past that neck line. Check it out!!
CVS is breaking out of a Multi-Year Downtrend since 2015. CVS has repeatedly bounced off an uptrend line dating back to 2002 (Post-DotCom Bubble). CVS Fair Value is $100~ based off my discounted Free Cash Flow calculations. I am long since $61, CVS is my largest position at ~15% of my portfolio.
4HR Chart on Walgreens, man has this been a tough stock. make me wanna cry especially when I drive by there stores every day :P 4HR 200SMA me love u long time XD HMM we gonna get a :) or aNOTHER ;**(
CVS entry and targets explained in the chart. Sad I missed March bottoms in a lot of these plays but better late than never. Not looking for much here, just an initial move to 65 with a possible long hold and move to 75.
Is it me or is it CRAZY to see Walgreens is down over 60% in the last 4 years. From a contrarian investors POV this could be signaling a great opportunity to get long and collect dividends while this is trading back at discount prices in the 2000's - 2013 price channel. I have no doubt that Walgreens will be around in 5 years as its been in business since 1901....