CVS Health Corp Shs Cert Deposito Arg Repr 0.0666666667 Shs
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Long CVS Part 2 - 18.98 R/R!Multi-Week swing trade. CVS is forming a potential Cup & Handle on the daily time frame.
Because of the upcoming ex-dividend date, it will be dividend adjusted.
Entry: 74.40 (White line support)
Stop: 73.90
PT: 83.89
Risk to Reward (R/R): 1:18.98
Trade Duration: several week hold
-Daily timeframe Cup & Handle Set-Up for a multi-week swing trade in to earnings.
-Note: Ex-dividend is this Thursday, April 20th and earnings are on Wednesday, May 3rd
CVS long to $80Risk to Reward (R/R): 1 to 13.61
Got my limit order filled this morning after waiting for 4 trading days. Trading with limit orders at larger time frame support eliminates any impulsive buying on a dip. The market must take me in at a desired price for my participation. There's always a designated entry, stop and minimum of 1 price target.
Limit Order: 75.10 (20 day moving average support)
Stop: 74.74
PT #1: 80 (50 day moving average resistance)
This is a mean reversion and technical bounce play.
Low risk / high reward!
$CVS Breaking Out?First in full disclosure, I started a small position in this name today.
Despite having a downgrade today, the price is improving. As noted on the chart, CVS has been in a downtrend since December of 2022. It looks to have broken out today. In addition, we have 3 short-term MAโs turning up which also makes a good stop loss area. Volume has just been so so but if you look at the bottom of the chart you will notice that we have a rising MACD signal. And we have a nice, rounded bottom. Iโll look to add to my position if it can continue to improve in price. All TBD. Ideas, not investing / trading advice.
CVS back on the tableSince the last trade, we've been waiting for some signal to get back in. This may be early, but I'm ok averaging down to 63 if needed. With insulin changes coming, expect huge uptick in foot traffic in CVS. Also many new hype drugs/eldery boomer care coming on the market for, Weight loss, Alzheimer's, over the shelf hearing aids.
Oversold almost finishedAfter breaking down the channel and breaking the first support area CVS is approaching really strong buy Area.
I expect the stock to rebound there and have a nice 2 to 1 ratio buy opportunity.
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CVS rally or bust!$CVS soars after beating the earnings estimates and got upgrader by few analyst.
but the upgrade and good earnings didnt really help to extend it rally this morning.
due to the overall market pulling back, making the CVS conolidate and entering a squeeze.
$CVS average price move per day is about $1.20 to $2.00+ depending on the market volatility.
here's my key level price im looking for entries:
Buy call above 90.64 and sell at 91.30+
Buy puts below 89.30 and sell at 88.67 or below
make sure to set alerts on those key level so you wont miss the move.
and always to take your profits as you see one.
Deviation AlgoHello!
This is a deviation/mean-reversion algorithm that I created based off of the concept of moving average deviation. Essentially, this is how the algorithm works:
1. Find the pivot highs of the difference between 2 moving averages (in this specific case, it's the exponential moving average and the weighted moving average)
2. Check the RSI to see if we're overbought or oversold based on some threshold (30 for oversold and 70 for overbought)
Combine these two signals to produce a buy or sell signal!
Additionally, I also have an option to filter the MA Deviation using Linear Regression instead of the RSI, but currently, in my testing, I've been finding that RSI works better
Finally, big thanks to Dgtrd, who's Linear regression script I used to implement linear regression!
CVS Health Corporation Options Ahead of EarningsLooking at the CVS Health Corporation options chain ahead of earnings , I would buy the $87.5 strike price Calls with
2023-2-17 expiration date for about
$1.2 premium.
If the options turn out to be profitable Before the earnings release, I would sell at least 50%.
Looking forward to read your opinion about it.
CVS if they beat earningsCVS with an earnings call on wednesday, possible slight underwhelming surprise but with a growth analytic in the works could cause the stock to jump 10-12% and land around other investment firms beliefs of 92 as a minimum, and 115 as target. 130 was a theoretical max but hey, who's counting
CVS: BUY on strong supportCVS Health Corporation is in a strong support area and well far from its equilibrium zone:
Buy now or before day close with SL just below support area and TP at aproximately the low of equilibrium zone.
My "Stock accumulation" strategy gave a signal two days ago, but the price wetn down again, so it's a good time to buy and put some stocks on your pocket!
ADVICE:
This idea is based on my researches, do your own study and don't invest based on this idea only.
If you like my ideas and scripts, please leave a feedback and follow me.






















