FA wise, CVS is not a terrible stock. The company has been making consistently increasing both in revenues and earnings the last few years. My stock valuation system gives it good scores both in valuation and quality domains. TA wise, the low of $60 at end of March confluently hit the big support trend line and 61.8% fib level and bounced off strongly in 5 waves...
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.
I think there is more drop ahead. My target range highlighted. Process your way.
Revenue and Income Net Revenues 2014 2015 2016 2017 139.4B 153.3B 177.5B 184.8B CVS is making money ....business is BOOMING every year , they making more money every year .....this dip is a buying opportunity
Bull wedge, good valuation, skirting the lower bollinger bands both near-term and long-term.
Technical Concept: Support broken becomes Resistance (Red Arrows= Resistance) (Blue Arrows= Support) I not use sophisticated Technical jargon in an attempt to persuade and impress the reader because I not a Charlatan I do not use fancy Charts plenty of Indicators, Oscillators, and other stuff, all in a stock chart in an attempt to impress the reader with my...
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.