CVS Health Corporation is american stock pharmacy operator offering nice sell opportunities at new supply imbalances created on both the weekly and the monthly timeframes with everything pointing down in a clear downtrend with new supply levels being created and demand levels being eliminated. Strong imbalances created on the way down.Two new supply levels have...
NYSE:CVS Long, based on 1D RSI Divergence. Heavy cost of Aetna acquisition weighed heavily the past year, despite fairly strong earnings. Although a judge is re-verifying the federally greenlighted merger, posing downside risk, the merger will likely continue through. Stop loss at 51.50
We had a volatile market today due to sell off before fomc. if we get a sell off in the morning, I look forward to reloading my position on cvs. Long again at $55.40 Stoploss $55 Take profit $60
First of all, no intention to chase the slump as it's 2 bullish combination right now right here. While still, it broke the structure for the week , so pretty much we got some contradiction between these views. When it comes to contradiction among different tools, choosing to stay flat is always a good idea. But if I have to choose one side, I'll still pay more...
* Some indicators are looking bullish on D1. * Target 1 is on fibo. retr. 0,5 . (If price breaks out the 73,29) * Target 2 is for closing GAP's window.
#NYSE: $CVS has some UPSIDE left, HOWEVER proceed w/ CAUTION! #BullTrap
CVS bounced off its support at 63.28 (76.4% Fibonacci retracement, 100% Fibonacci extension x2, multiple swing low support) where it could potentially rise up to its resistance at 67.58 (61.8% Fibonacci extension, 61.8% Fibonacci retracement, horizontal swing high resistance). Stochastic (89, 5, 3) bounced off its support at 3.6% where a corresponding rise could occur.
CVS has formed a descending triangle and daily appears to be closing above the upper triangle (break out). We have a monthly bull div on the RSI. A forming daily wedge will provide good stop for our trade. R:R lies in longing at break out confirmation.
$CVS showing a bearish gravestone doji on the daily to remain trapped in what looks like a descending triangle pattern forming. Ideally would like to see another red candle tomorrow for confirmation. Targeting 5-10% downside in the near term. If $60 support fails, could see 15-20% downside before next ER.
I think there is more drop ahead. My target range highlighted. Process your way.
Compañía medica, valor intrínseco calculado a partir de crecimiento en ventas, manejo de deuda, potencial de crecimiento futuro y comparación con otras compañías del sector.
Hi guys. I meekly think this is a good potential for a long entry here with CVS; however, I would wait for a small dip. Good luck my friends.
The stock is moving in a sideways parallel channel started at the beginning of 2017. This movement can be a redistribution or an accumulation phase, it depends if it breaks lower or higher. If the price breaks lower the minimum target is around 70 and if it breaks higher the minimum target is around 88. The breakout must be confirmed by very high volume to avoid...
CVS showing a gartley pattern. While I don't usually go in for harmonics on stocks, there's a lot of confirming signals here. Plus it just broke major support. Short this baby! Look for anywhere between a $65 and $75 target depending on your timeframe and general trading strategy.