CVS HEALTH CORPORATION COMMON STOCK NYSE:​CVS

Short term pull back to test 200 dma and original gap up area.

It is not seen at the first view but the fork is showing it already: With the current breakout we started a new uptrend.

with perfect touches for waves 1~4, MACD just starting bullish climb, 200 ma turning upslope and clear skies.

For CVS I see a pattern on daily view Inside bar At Upper BB then the fall A Good entry might around 71.30 tomorrow or above assuming everything is OK. As they like to delay the pattern recently Aug24/31 68 puts will be Good. As for You to be Quick ITM 71 puts Will be Good too

Should have posted this sooner, but have been shot down several times this year when getting constructive on this name -CVS may finally be ready to break out -The stocks been stuck for most of 2018; falling backwards each time it's attempted a run, usually due to some headline (Amazon getting in the space for example) -Strong earnings and fundamental story; ...

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 ...

Going back to original count.

High lows and higher highs, most encouraging trend since the 2015 peak.

Information regarding my bullish view is provided in the text on the chart.

On this bullish "W" bottom breakout and retest of the breakout level with positive trading!

on heavy volume, WE HOLD 70+ & WE READY BOYZ FINALLY.

CVS trend analysis

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.

We may have a PRZ at the 60 level. Price has bounced off of the 60 area (long term 61.8 fib) 5 times over recent weeks and appears to be seeking support here. Target 105 SL below 55 Cheers!

$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.

cvs is a dime piece, it has had a rocky road since mid 2015, but this will soon turn around !

Seeing a possible double bottom on the daily CVS chart. Possible bounce back upwards? Just an idea not financial advice.

Short sellers are exhausted after nearly 5 years of selling. CVS looks to be forming a W bottom at the 60 level, earnings have been steady and increasing for sometime making CVS a great value at this price, expect a 20-40% increase when shorts get squeezed in the coming weeks. My conservative target is in the 83, actual target is 95. Stop is a little under 60.