$CVSNYSE:CVS demand looks to be slowing down.
If momentum stays weak, we could see a pullback toward $44, where it may try to defend that territory.
Key facts today
2,887.29
0.01 BRL
24.87 B BRL
2.01 T BRL
About CVS Health Corporation
Sector
Industry
CEO
J. David Joyner
Website
Headquarters
Woonsocket
Founded
1963
ISIN
BRCVSHBDR008
FIGI
BBG00CRHLV86
CVS Health Corp. is a health solutions company, which engages in the provision of healthcare services. It operates through the following segments: Health Care Benefits, Health Services, Pharmacy and Consumer Wellness, and Corporate and Other. The Health Care Benefits segment operates as a health care benefits provider. The Health Services segment offers a full range of PBM solutions, delivers health care services in its medical clinics, virtually, and in the home. The Pharmacy & Consumer Wellness segment dispenses prescriptions in its retail pharmacies and through its infusion operations. The Corporate and Other Segment is involved in management and administrative expenses. The company was founded by Stanley P. Goldstein and Ralph Hoagland in 1963 and is headquartered in Woonsocket, RI.
Break Out NeededStochastic Oscillator is overbought
RSI 67.03 approaching overbought levels
VIX indicator flashing top is in
Price is fighting the 100 EMA
Price reached golden zone of the Fib level
Price has cycle up to the upper resistance of the downward parallel channel.
We need price to break out the parallel c
CVS eyes on $68.34: Earnings Dip level to buy at Genesis fibCVS had a good earnings report that gave a nice pump.
Now looking for dip to buy or add, at Genesis fib of $68.34
Bounce needs to break the proven resistance at $70.23-70.53
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Finally ready to take it down to the 50sSwing move, ready to reset, reboot, and recalculate its position. Very patient, but the slowdown has occurred, and therefore, reading the ship for a sink-or-swim before correction territory gives us room for more.
CVS Health Corporation – Double Top Breakdown Setup📉 Short Setup
🔍 Description:
CVS Health (NYSE: CVS) is forming a double top pattern, indicating potential bearish momentum. A break below the confirmation level would signal further downside.
📊 Trade Details:
Entry: Below confirmation level
🔴 Stop Loss: 71.06
🟢 Target: 56.87
📌 Confi
Major retrace sits at 53, buy zone all the area of importanceWe see a playful insight into the upgrade, continuing fundamentals, cash flow, and catalysts setting up inflow. But we don't see that the oscillators are in severe deterioration, and the magic needs a bit of wondering where it could settle down next. Not only a gap in this area, a major turning poin
Reasons to Invest in CVS Health (CVS)Reasons to Invest in CVS Health (CVS)
Strong Market Position
CVS Health is a leading healthcare company with a diversified business model, including retail pharmacies, insurance, and healthcare services. Its extensive network provides a competitive advantage.
Attractive Valuation
CVS is currently t
$CVS with potential inverted H&SLooking at the daily chart of NYSE:CVS , I see an inverse head & shoulders pattern. Its validation seems to depend on next earnings release. If confirmed, target in the low $70s.
CVS Health Corp | CVS | Long at $43Not much to write about here except the stock has reentered the "crash" simple moving average area (see green lines). Often, this signals an overall bottom, but it doesn't mean a further dip below $40 isn't possible in the near-term. Personally, I can't ignore this reentry and thus have started a po
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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