📉 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:
📌 Confirmation:
A breakdown from the double top with increased volume would strengthen the bearish case. A failed breakdown could invalidate the setup.
Trade cautiously! 🚀📉
🔍 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
📌 Confirmation:
A breakdown from the double top with increased volume would strengthen the bearish case. A failed breakdown could invalidate the setup.
Trade cautiously! 🚀📉
Trade closed: stop reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.