CVS Breakout!CVS is technically and fundamentally strong!
BUY BUY BUY
8.5x Forward Earnings
1.29 Price to Book
5x EBIDTA
9.7x EV / EBITDA
+3% Dividend Yield
CVS trade ideas
Not convinced to buy or longStill on a downtrend, guys! trade with caution.
#tradewithstrategy
#noFOMO
#analysisfun
CVS Gap to Fill on Strong UptrendCVS keeps pushing up, likely to keep going to fill the gap from the market crash.
CVS gap fill incoming Gap fill at the 200wma fill seems to be the current destination, I would guess a re-test of this area after before breaking higher . Very powerful double bottom adam eve forming as well.
2degreez - CVS Possible LONG Opportunity on the SLOW MoverCVS 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.
$CVS Fundamentally and Technically ReadyCVS is not just a pharmacy anymore, it is a healthcare brand
Minute clinics with healthcare providers, pharmacies, but most importantly, one of the top insurers in the country.
This means from top to bottom, CVS will handle your outpatient visit, insurance claim, and dispense your medication. One stop shop. Their future is bright
Technicals:
Huge inverse head and shoulders developing over the last weeks on the daily.
The hourly has hidden bullish divergences and now looks to be bottoming on the final arm of the pattern.
Slower mover typically so this is a buy and hold with the first target of 74.
Aetna Better Health Announces Medicaid STAR Kids Contract Award CVS: CVS Health
2020-05-08 16:17:00
Aetna Better Health Announces Medicaid STAR Kids Contract Award in Texas
short to buy level at weekly timeframe by put option to $50short to buy level at weekly timeframe by put option to $50
moving average linesas per a question/request to explain. a video in my opinion is worth a million words
"CVS: trying to start a bull move" by ThinkingAntsOkWeekly Chart Explanation:
- Price is on an important Support Zone, close to the Macro Ascending Trendline.
- From here it has potential to move up towards the Top of the Descending Channel.
- We are looking for buy setups on lower timeframes.
Updates coming soon!
CVS to Long, from 53 to 58Existing Condition:
1. 05/17/2019 Weekly demand zone confirmed
2. in 15 min, down trendline break by breakaway Gap (G1)
3. Re-test the Gap, Gap filled.
Entry below 53.2
Stop: 51.8
Target1: 58; Risk:reward=1:3
Target2: 61; Risk:reward=1:5
If G2 (breakwayGap up) breaks the 2nd down trend line. That is a confirmation of trend reversal.
That is another entry point.
This is a trading school homework. I need 6 months to practice trading plan.
If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
In my real trade, I use options. I bought Jun 57.5 Call, limit 3.5 (it is 3.2 now).
If stop: lose about 1.00.
Sum of my ideas: 3 active
4 winner, 1 loser, 8 cancelled, 0 pending for condition, 4 analysis only.
$CVS can fall in the next daysContextual immersion trading strategy idea.
CVS Health Corporation has a strong downside trend.
Despite the spread of COVID-19 and the potential to demands rising, the company has some problems with revenue and costs.
This and other conditions can cause a fall in the share price in the next days.
So I opened a short position from $52,31;
stop-loss — $54,73.
Information about take-profits will be later.
Do not view this idea as a recommendation for trading or investing. It is published only to introduce my own vision.
Always do your own analysis before making deals. When you use any materials, do not rely on blind trust.
You should remember that isolated deals do not give systematic profit, so trade/invest using a developed strategy.
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Thanks for being with me!
CVS LongCVS is finding support on the 200 monthly ma and some trend lines. It can be looked at that they been making a large bull flag since 2015. Overall fundamentals look good with consistent profit and steady growth. They have a nice dividend of 3.8% currently and have consistently raised their dividend in the past. They showed relative strength in the market today being up 10% while weak sectors sold off.
Buy opportunity in CVS HealthLook like the stock either completed the correction or just did wave A and is ready to rally.
