CVS Health Corporation
Long
Updated

CVS Long Swing 1H Conservative Trend Trade

257
Conservative Trend Trade
+ long balance
+ support level
+ 1/2 correction
+ ICE level
+ volumed 2Sp-
+ volumed bullish bars
+ unvolumed bearish bars

Calculated affordable stop limit
25% 1 to 2 R/R
25% 1/2 of the daily range
25% Daily T1 level
25% Monthly 1/2

Daily context
"+ long impulse
+ T2 level
+ support level
+ 1/2 correction
+ exhaustion volume below"

Monthly context
"- short impulse
- unvolumed T1
+ support level
+ biggest volume manipulation"
Trade active
Jun-27-2024 OCO 6A: Sell CVS Limit at $76.62 (Good 'til Canceled)
Jun-27-2024 OCO 6B: Sell CVS Stop at $57.62 Limit at $58.08 (Good 'til Canceled)
Jun-27-2024 OCO 5A: Sell CVS Limit at $62.05 (Good 'til Canceled)
Jun-27-2024 OCO 5B: Sell CVS Stop at $57.62 Limit at $58.08 (Good 'til Canceled)
Jun-27-2024 OCO 4A: Sell CVS Limit at $59.54 (Good 'til Canceled)
Jun-27-2024 OCO 4B: Sell CVS Stop at $57.62 Limit at $58.08 (Good 'til Canceled)
Jun-27-2024 OCO 3A: Sell CVS Limit at $59.30 (Good 'til Canceled)
Jun-27-2024 OCO 3B: Sell CVS Stop at $57.62 Limit at $58.08 (Good 'til Canceled)
Trade active
1 to 2 R/R
and 1/2 of daily range reached

Corrected 1/2 of monthly range to $66.24
Note
Corrected 25% to 1/2 correction of Monthly level to Daily T1 level since Month closed reaction bar below T1 level
Trade closed: target reached
25% closed at 2 R
25% closed at daily 1/2
50% closed at break even

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