CVS - SHORT SWING TRADE IDEA

CVS is shaping up to be a nice short trade for a couple of reasons:

First, CVS broke trendline support, the $100 area, and four major moving averages (9SMA(purple), 21SMA(blue), 50SMA(yellow), 200SMA(orange)

Second is the because it is forming a clean breakdown pattern with an achievable & worth while reward to risk

Last is because CVS is a down trending stock after failing to make new highs in August and not even holding minor price support at 98

A trailing stop strategy and a firm target near 91 is recommended as there are areas of minor support along the way
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