CVS Bullish Trend on the 5 yr frame.Looking at the 5 year history chart It shows that New highs are on the way.
CVSD trade ideas
Pullback before the next run.With MACD converging and RSI weakening, looks like the start to a pull back and good buying opportunity. Analyst PTs are in the low to mid 90s and the setup looks a lot like the start to Wave 4 so watching to see how far it retraces. Looking to get in if it goes below 88 and bounces off support.
CVS - Bull Flag It seems Bull Flag has developed on CVS, breakout is visible and can anticipate price going towards 92 to 95 range.
CVS to consolidate before next push higherCVS has found a comfortable trading zone, the cycle will need to be completed before the next push higher. Love this company long term.
CVS - 6.18% Profit Potential - Ascending TriangleCareful - I will wait for earnings before placing this order.
Ascending Triangle formed after a 6-month correction and a recent run. Betting on last month's momentum run.
Good risk-reward ratio and target set at a potential formation of a 6-month resistance line.
- Target Entry: $77.80
- Target Stop Loss: $75.91
- Target Exit: $82.51
- Risk / Reward Ratio: 2.49
About me
- Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss
Reaching for all time highs!Price target 88, but it will hit 120$ Low PE and pays a quarterly dividend. This is a Gem. Long till the targets is hit.
Golden Cross on $CVS5 year downtrend broken? Looks like $CVS will be attempting to reach the all time highs set 5 years ago on MAY 13 2016.
Get ya popcorn ready!!
CVS earnings tomorrow pre marketCVS earnings are tomorrow 5/4 pre market at 6:30am. CVS (CVS) reported Q4 December 2020 earnings of $1.30 per share on revenue of $69.6 billion. The consensus earnings estimate was $1.24 per share on revenue of $68.7 billion. Revenue grew 4.0% on a year-over-year basis. The company said it expects 2021 earnings of $7.39 to $7.55 per share. The current consensus earnings estimate is $7.53 per share for the year ending December 31, 2021.
Q1 March 2021 Consensus:
EPS = $1.72
Revenue = $68.38B
P/E = 13.98
Div/Yld = 2.62
R3 = $80.37
R2 = $78.91
R1 = $77.34
pivot = $75.77
S1 = $74.30
S2 = $72.84
S3 = $71.27
Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, capital risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
AlertiT - notification
www.tradingview.com
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.
CVS estimated target of $79 by May 3rdSmaller internal bullish descending channels working their way higher in a larger overall bullish ascending channel
...then continuing the trend upwards along the ascending channel if it doesn't break through
cvs cup and hand/ inverse h&swhatever ya wanna call it
the backtest looks finished
i think it can get $82 on the next wave
last earnings it ran up before and sold off
looks like it wants to move again
CVS Butterfly 75/80/85 without split screen.This is a correction on the screen display see previous idea for DD.
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.
CVS to $78 | Buying $78 call if CVS stays around $74 or $73 Looks like CVS is hovering just above the oversold area & MACD is showing a downtrend. Looks like it's getting set up for a rebound to the $78 level. I'm going to use the 0.618($73.94) level as a guideline to place my call. Also, I'm going to wait to see the lines nearing a cross on the MACD as a reversal in the squeeze momentum indicator.
Let me know if you guys agree with this analysis. :)
CVS Strong BUY!!CVS has a great looking bullish pattern. Expecting a breakout higher in the coming weeks.
Monthly setup - CVS1/Apr/2021 12:30 PM AUTHOR: Brandon Gum
--
Monster setup here.
RSI at pivot level.
Price above 67 pivot is constructive.
======================
$CVS Cypher small violation See chart for follower request on butterfly attempt @PETEYboy very close to Cypher
CVS, Long term bullishCVS has broken out of mid term downtrend resistance line and consolidating for next move higher
Long term bullish
*Pls do your own D.D.
$CVS with a Neutral outlook following its earnings #Stocks The PEAD projected a neutral outlook for $CVS after a positive over reaction following its earnings release placing the stock in drift B
If you would like to see the Drift for another stock please message us. Also click on the Like Button if this was useful and follow us or join us.
