Will There Be a Third Test? CIAn idea suggesting a massive downward move completing a downward support line.
I have posed this pattern before on SPX.
If it does break down the green down line will be the recovery point.
CI
The Cigna Group to break the resistance?CIGNA CORPORATION - 30d expiry - We look to Buy a break of 270.11 (stop at 260.11)
The primary trend remains bullish.
Posted a Double Bottom formation.
A break of the recent high at 269.36 should result in a further move higher.
This stock has seen good sales growth.
The bias is to break to the upside.
Our profit targets will be 295.11 and 300.11
Resistance: 258.50 / 265.0 / 269.36
Support: 254.50 / 251.00 / 240.50
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CI - Up Channel Continuation Looking for continuation of the up channel with the formation of this right shoulder of a head and shoulders pattern.
The right shoulder is shown with the bars pattern and could possibly touch the red trend line.
I think however the channel will maintain.
$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.
CI - Ascending TriangleAn ascending triangle on the daily chart for CI
This is a bullish continuation pattern, as indicated by up arrow
CI : Trade setupMonthly created an order block, daily came and retested it. We plan to buy the Breaker+ that was created in the process.
Potential breakout for CI (Cigna) 17% Upside(Opinion Only)
Undervalued amongst sector. Reports in about 2weeks. Should react nicely when $ANTM reports this week.
P/E of 9 vs. 20-28 (sector competitors)
Summary: Worst case already built in, has plenty of upside leading up to earnings end of month.
CI- Break out from 5 months downward trendsince 10th May peak, the stock was on bearish trend. As of 6th October is breakout the slope, went back for 1 day but break out again, confirming a trend reversal.
MA50 line is tested and rejected several time in the past 2 weeks but following fibo levels, I believe we look at a climb to 215-220 range before earnings on 4th Nov.
Earnings will define the story onwards
CI Earnings Pre-Market Tomorrow 8/5(Opinion Only)
Valuation and dividend is intriguing here.
Today settling at the retest of recent breakout.
Cigna A breakout CandidateDescending wedge, earnings next week.
Been under loved recently. I’m looking for 187 end of week and $195 prior to earnings next week.
Bullish divergence in RSI as well.
Go Long, Cup and Handle forming Cigna Corp $CIGo Long, Cup and Handle forming on Cigna Corp $CI
Worth adding to watchlist and buy on the breakout.
Market Review - Sunday, 01 December 2019AON, TGT, OMC, AJG, SO, MMC, APD, AZN, CI, CPB, D, EIX, GWW, SO, Y, TGT
Cigna to $165? Sentiment Change?Possible healthcare sentiment change, at least for the short term.
Long position into $165 area.
Good-luck. (Not trading advice, any decision you make is yours alone).
CI
$UNH Healthcare Breakout Go long healthcare if anything in this market. Clear breakout signal. UNH XLV CI
UNH New "Temporary" Up Trend - Safety/Value Play-$250 ResistanceUNH and other healthcare stocks such as Anthem, Cigna, etc. could be a potential area that benefits from those flocking from higher volatility areas that have earnings this week that are looking for some high quality value that were once "growth" stocks. I think UNH at least goes back to $250 area within the next week or so. I'm holding call options. Good luck! UNH
$CI Cigna Golden Cross$CI Cigna working out of a triangle continuation pattern today to the upside - after a bullish 50d/200d ema Golden Crossover last week.
Near term target - $200
Medium term target - $224 (January gap fill)
Note: informational analysis, not investment advice.
ESRXLooking for it to pull back to its previously resistance area. Careful though does come with merger risk as Uncle Carl appears to fight a losing battle to stop the merger between $CI and $ESRX.
