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CVS

CVS SHORTCVS been on a downtrend since hitting all time highs from earnings. It’s been hitting lower lower lows and lower highs. On the daily chart after it broke the support at 92.18 because of the mix with the fed tapering news and the downtrend of the stock I was waiting for this to gap down to 90.55 and then to 90.20. However with the stock market having some breathing room over the weekend I was patient on going short on it just yet. That being said Monday’s volatility Helped cvs break the downtrend line with a red candle going right down its old support on the trend line. This could be an area of confluence and a trade opportunity to short. Considering that the stock double topped after breaking the trend line we should be seeing the continuation of that downtrend. The stock also failed to break the 4 level Fibonacci retracement courtesy of wysetrade so that should be extra conviction to go short on this. On top of that there is news that CVS didn’t regulate their opioids which just signifies red knives. I will be talking puts as soon as the stock market opens or wait to see if the stock could break that top fib level considering the Pre market trading. First pt is 90.90 then 90.50 then 90.20 I will be scaling out as it hits these levels.
NYSE:CVSShort
by kimololaurian
LFMD - WAVE C ENDING - BUY SOON OR OPTIONS LONGER TERMAll, LFMD had game changing fundamentals last quarter but still under downtrend resisance #2. This is a 3/4 retracement wave C should be ending RSI tells the story on the daily. I am watching EXTREMELY closely here. I think this is going to pop worst case is a double bottom at 7.7 or near it in which case I will absolutely be all in. Fundamnentally/valuation wise I personallly see LFMD at 14-18$ range and probably will go into 20's again from demand/lower float than most in category. As always watch the entire market first and do not enter too early. Just wait for the stars to align and for the break up to happen. Also remember almost everytime on breaks there is the first wave up but wave 2 is almost always a better and safer entry (depends how fast it moves)
NASDAQ:LFMDLong
by DigitalData
CVS Health Analysis 17.08.2021Hello Traders, here is a full analysis for this asset. The entry will be taken only, if all rules of your trading plan are satisfied. Therefore I suggest you keep this pair on your watchlist and see if all of your rules are satisfied. Leave your thoughts in the comment section, I will reply to every single one of them. P.S. Tell me which asset you want me to break down next and I will cover it in my next analysis _____________________________________________________________________________________________________________________________________________________________________
NYSE:CVS
by basictradingtv
TUTORIAL - Finding Better Entries Finding Better Entries Ok, y’all, I’m losing my voice a little bit… but I also just got a new microphone so that is why this video happened. So be nice about my hoarse voice. Let me know if this is helpful and If I should do more like this ENTRIES PYPL - 225.30 DKNG - 43.01 CVS - 81.19 UBER - 42.97 LYFT - 48.27 ETSY - 163.08 I will most definitely be making more videos on entry targets. Leave me a comment if there's a symbol you want me to analyze in the next video. I'll try to do them every couple of days (And definitely on sunday nights)
NASDAQ:ETSYEducation
by SPYder_QQQueen_Trading
15
$CVS Downtrend Breakout, Bullish Options$CVS Downtrend breakout today on the daily chart. Should see nice follow through move near term...some resistance possible at $85. Bullish Unusual Options Activity: $85M of Jan'2022 deep ITM calls traded today (~10x open interest) $77M of Jan'2023 deep ITM calls traded today (~10x open interest) Of note...earnings coming early August. Solid beat last quarter. Medium term target: $100-$105 range by early Sept Note: This is NOT investment advice. Educational only.
NYSE:CVSLong
by Triple_Barrel_Capital
HTF - Long CVSCVS really likes testing this rising, upper trend line. It's reversed every time it has crossed it, but it keeps coming back for more. We seem to be heading back now, as an inverse head and shoulders appears to be forming, and it's on the verge of breaking out of it's local trend line, while starting to curve upwards. MACD supports a reversal here. RSI supports continued upwards momentum. Price has made a lower low and a new local higher high. Be warned... the trend line we're touching right now could also act as short term resistance. Another lower low would be healthy. This appears to be a good long term play. Looks like it is possible of reaching 174 by 2024.
NYSE:CVSLong
by pobudz
1
CVS Butterfly for April 30Dipping the toe in on CVS with a butterfly 175/180/185 @ $0.68. It is approaching 52 week high just above $77 on the 4th attempt in 6 months. If it is rejected and stays in the channel, another attempt to push past 52 week high will be right around the corner. You could close all or half (if you buy multiple contacts) at $77 for 190% profit. If price makes it to $80 on expiration you could close for 615% profit. This isn't advice and I am not a professional. Just looking for low risk/ high gain plays.
NYSE:CVSLong
by Unithinktank
Long Play on $CVSHi All, I've entered a long position on $CVS. I believe that COVID-19 vaccine distributions throughout Q1 and Q2 will aid $CVS with additional revenue, giving them the ability to further scale and efficiently grow at a rapid pace. They are currently sitting at ~ $97B market cap- I expect an additional $40B - $50B of revenue to be added to their income statement ending 2021, accounting for just Q1 and Q2 alone. 328 million people strictly in America need to be vaccinated, COVID will be treated just like the flu- in terms of yearly shots to the doctor or health provider. I'm entering a long position until my $91.64 limit order hits. GLTA! I am not a financial advisor, my posts are my opinions and mine only. Please do your own due diligence as well before investing.
NYSE:CVSLong
by ClargyInvesting