Cigna for a Trade @ 253.5030 minute strong reversal candle close Entry: 253.50 (support) Stop loss: 252.90 Levered with long call options. No hedge against it.Longby EquityCastUpdated 1
Cigna "Last Call" Bull TradeMy Position Initial Buy: 256.50 Second Buy: 259.50 Total Average: 258 Stop Loss: 256 Price Target: 278.50 Here is an example of a "Last Call" bullish entry. I am forecasting an explosive move upwards post United Health Group earnings tomorrow. This has been a laggard compared to its main peers UNH and Humana. Entry: 261.32 (20 day moving average on the 4 hour chart which has served as consolidation support since April 5th) Stop loss: 258.45 Price Target: 278.50 Risk to Reward: 1 : 5.99 If you move to the 4 hour chart, you can see the trading range has been getting tighter and tighter as the 20MA and 50MA moving averages converge. This signals to me a big move is coming. Conditions on being wrong in this trade: A 4 hourly candle close below the 4HR 20MA(yellow) and failure to recapture it in the following 2 4 hr candles OR stop loss is triggered.Longby EquityCastUpdated 2
Cigna to 278. Nearing the bottom of the right shoulder on an inverse H&S. Gap filling 255 before launching. Implied target of the IH&S takes you to an area of confluence being the previously failed IH&S neckline. Longby EquityCastUpdated 333
CI | A Great Pick | LONGThe Cigna Group, together with its subsidiaries, provides insurance and related products and services in the United States. Its Evernorth Health Services segment provides a range of coordinated and point solution health services, including pharmacy benefits, home delivery pharmacy, specialty pharmacy, distribution, and care delivery and management solutions to health plans, employers, government organizations, and health care providers. The company's Cigna Healthcare segment offers medical, pharmacy, behavioral health, dental, and other products and services for insured and self-insured customers; Medicare Advantage, Medicare Supplement, and Medicare Part D plans for seniors, as well as individual health insurance plans; and health care coverage in its international markets, as well as health care benefits for mobile individuals and employees of multinational organizations. The company also offers permanent insurance contracts sold to corporations to provide coverage on the lives of certain employees for financing employer-paid future benefit obligations. It distributes its products and services through insurance brokers and consultants; directly to employers, unions and other groups, or individuals; and private and public exchanges. The company was formerly known as Cigna Corporation and changed its name to The Cigna Group in February 2023. The Cigna Group was founded in 1792 and is headquartered in Bloomfield, Connecticut.Longby DivergenceSeeker115
$CI with a bullish outlook following its earnings #Stocks The PEAD projected a bullish outlook for $CI after a positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 90.91%. Longby EPSMomentum2
CIGNA CORPORATION - LONGPrice seems to be pulling back from this pull back area - continuation of uptrend?Longby troublefreetrading1
$CI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 75%. Longby EPSMomentum0
$CI healthcear leader near 52wk highCigna Corp sells healthcear memberships for dental, medical and other servicesa like. For the six months ended 30 June 2022, Cigna Corp revenues increased 6% to $89.07B. Net income increased 4% to $2.74B. Breakout after breakout NYSE:CI is one of the few S&P 500 stocks that pass my trend template. As long the price stays above $272 I'm long. The On Balance Volume confirms the uptrend also making higher lows. Is always great to see volume confirming price action. But I'll wait for my ideal buy signal which is at $293.50. Let's see what happens. Longby dpuleo19Updated 0
CI: Break all time highs?CIGNA CORPORATION Short Term - We look to Buy a break of 296.00 (stop at 288.02) Price action continues to trade around the all-time highs. There is no sign that this bullish momentum is faltering but the pair has stalled close to a previous swing high of 294.50. The bias is to break to the upside. A break of resistance at 296.00 should lead to a more aggressive move higher towards 315.00. Our profit targets will be 315.00 and 320.00 Resistance: 294.50 / 315.00 / 400.00 Support: 283.50 / 271.00 / 240.00 P lease be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’) . Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.Longby VantageMarkets0
CI - LongPilot Position only given the economic data out this week Stock in a strong uptrend In a strong sector Earnings beats Breaking out of Consolidation zone Wont make you rich but good RR will keep the account going in the right direction! Longby jevanss250
CI - Ascending TriangleAn ascending triangle on the daily chart for CI This is a bullish continuation pattern, as indicated by up arrow by Bixley1
Cigna – Is There a Sign of Trend Reversal for a Deep Correction?Fundamental Indicators: Sector – Healthcare US Business Cycle Stage – late cycle, when this sector is one of the most favourable Revenue - consistently growing since for the last 10 years Profits – peaked in 2020 and considerably dropped since then Net margin – quite low with just 3% and dropping since 2020 P/E – at a good level of 16 compared to S&P500 with 21 and Healthcare sector 22 Liabilities - debt ratio is at 0.7 which is within normal limits Conclusion – still good financial performance comparted to the market as a whole but with signs of a slow down Technical Analysis (Elliott Waves): Main scenario of this idea suggests that we are still observing development of the global growth cycle which is currently at the stage of completing wave 3 (see higher timeframe graph) Since the correction of March 2020, we can see choppy move to the upside updating historic highs which is a sign of an Ending Diagonal. And wave 5 of 5 is also very likely to be an Ending Diagonal which indicates that bulls are out of energy and a sharp reversal is about to play out The long term target for the depth of global wave 4 is likely to be $110-$150 (0.5-0.618 Fibonacci retracement levels). However, given the previous correction took 8 years between 2000 and 2008, the upcoming one should be even longer in duration according the EW guidelines This is a higher timeframe to reflect the full history of Cigna and to provide full wave count: What do you think about Cigna and its short term prospects? Also let me know if you would like to see other stocks, indices, Forex or Crypto analysed using Elliott Waves. Shortby vitalalyt2
$CI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 71.43%. Longby EPSMomentum1
$CI is breaking out of a ~14 month cup with handle pattern!Notes: * Very strong up trend on all time frames * Great earnings track record * Breaking out of a ~14 month cup with handle pattern * It did break out before but then pulled back (seems like a shakeout) * Now it's been in a tight range just above the broken resistance creating new support * The last session printed a pocket pivot indicating institutional buying Technicals: Sector: Healthcare - Healthcare Plans Relative Strength vs. Sector: 5.55 Relative Strength vs. SP500: 28.95 U/D Ratio: 1.77 Base Depth: 43.95% Distance from breakout buy point: 1.09% Volume -5.44% below its 15 day avg. Trade Idea: * You can enter now as the price is just above the broken resistance with the last session being a pocket pivot * If you want a better entry you can look for one around the 270.1 area * This stock usually has local tops when the price closes around 9.18% above its 50 EMA * Consider selling into strength if the price closes 8.98% to 9.38% (or higher) above its 50 EMA * The last closing price is 3.9% away from its 50 EMALongby HaseebKhan_902
CI , LONG ( Fri close entry ) One of the stocks making all time highs recently that managed to close just at or slightly above it GLB with a wedge pop on friday . Decided to take it , stronger group too (healthcare). Entry - 273.33 Stop - 266.95 PT1 - 279.66, Sell 1/4 , raise stop to half risk PT2 - 286.09, Sell 1/4 run balance if possible .Longby NAK1987Updated 222
CI - weeklyWeekly cup and handle Breakout and retest in process. Trade safeLongby UnknownUnicorn33825800
$CI looking to break out of its ~14month cup and handle!Notes: * Very strong up trend on all time frames * Great earnings track record * Pays out dividends * Forming a cup and handle over the past ~14 months * Bouncing off of its 50 day line with very bullish price action and volume Technicals: Sector: Healthcare - Healthcare Plans Relative Strength vs. Sector: 2.7 Relative Strength vs. SP500: 1.65 U/D Ratio: 1.15 Base Depth: 43.95% Distance from breakout buy point: -2.77% Volume 2.78% above its 15 day avg. Trade Idea: * You can enter now as the price is just bouncing off of it 50 day line with volume * If you want a better entry you can look for one around the 262.8 area * This stock usually has local tops when the price closes around 9.64% above its 50 EMA * Consider selling into strength if the price closes 9.44% to 9.84% (or higher) above its 50 EMA * The last closing price is 3.14% away from its 50 EMALongby HaseebKhan_901
CIGNA PUT/SHORTOne of my favorite setups. RSI, MACD, and OBV showing divergence and is currently trading below the declining MA 20 & 50 Trendline break on the daily, we should see this start to sell off (impulsive break) First target $240 level near MA 100 Second target $225 near MA 200Shortby CamdenChris0
$CI with a Bullish outlook following its earnings #Stocks The PEAD projected a Bullish outlook for $CI after a Positive Under reaction following its earnings release placing the stock in drift A with an expected accuracy of 66.67%. Longby EPSMomentum2
CI LONGCigna looks great, and they just started paying a decent dividend. Blended P/E of 11 is pretty close to their adjusted operating earnings growth of 11.25%. Historic normal multiple is around 14.68. Technically the saucer here should provide appropriate demand on the downside, so I think odds are to the upside. The equity looks great for an investment. Longby CG_Financial1
CI : Trade setupMonthly created an order block, daily came and retested it. We plan to buy the Breaker+ that was created in the process.Longby makuchaku1
CI Ready to Form New All Time HighsQuick Background on Healthcare: Somewhat ironically, since the start of Covid the healthcare industry has underperformed overall markets and most other industries. That being said healthcare and Biotech are finally starting to get the investment attention that they deserve, as investors shift their portfolios to more value and defensive positions due to a number of looming macro threats on the global economy (mainly Omicron and inflation). In the last month healthcare stocks almost across the board have performed well because of this rotation in investment preference and I believe this is just the beginning of their gains. Technical Analysis on Cigna Corp: This weekly setup on Cigna is downright beautiful and should prove very profitable to those on the long side of CI. CI just broke above a very strong resistance level around 227.50 and is looking like it wants to rip straight up to retest all time highs around 272 a share. strong momentum shown on the MACD suggests to me that a cross above zero is inevitable. MACD swinging to positive is of course very bullish and will lead to rapid price appreciation. I expect Cigna to hit previous ATH's and potentially briefly consolidate there around 272 mark, then rip up even further to make a new ATH and hit 300 per share for the first time ever. Longby Gooby_Trades221