Get started
CVS HEALTH CORPCVS HEALTH CORPCVS HEALTH CORP

CVS HEALTH CORP

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

CVS trade ideas

Window ClosedLast Friday we started a temporary rise and opened this week with a new gap up and have closed the September 30th window immediately. But this spike up became almost an Island Reversal when we failed to open the day higher today and even opened below yesterday's low. The bulls had the power only to close yesterday's gap up and gave up soon. Thus I expect the downtrend to be in force so that we may see new lows again. After the test of the August highs we have seen lower highs and lows only. And the impressive windows became confirmations of the downtrend when they became closed.
NYSE:CVSShort
by motleifaul
CVS Health Corp continues to seize. CVSWe are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlighted in purple with invalidation in red. Confirmation level, where relevant, is a pink dotted, finite line. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe.
NYSE:CVSShort
by Rykin_Capital
CVS - SHORT SWING TRADE IDEACVS is shaping up to be a nice short trade for a couple of reasons: First, CVS broke trendline support, the $100 area, and four major moving averages (9SMA(purple), 21SMA(blue), 50SMA(yellow), 200SMA(orange) Second is the because it is forming a clean breakdown pattern with an achievable & worth while reward to risk Last is because CVS is a down trending stock after failing to make new highs in August and not even holding minor price support at 98 A trailing stop strategy and a firm target near 91 is recommended as there are areas of minor support along the way
NYSE:CVSShort
by JLaing
CVS Descending Channel on Weekly Chart The "Decending Channel" pattern was identified on the weekly chart. A "Double Bottom" pattern was identified on the daily timeframe, however, price failed to go higher. A closer look at recent price action and we have confirmation of resistance becoming support (see level 93.62). Though this is true, it is best to wait for a break of structure before placing a trade to the upside. On a final note, the 21 MA crossed up the 9MA on Friday, July 8, 2022. Also, the RSI and volume indicator made higher lows and higher highs on the same timeframe. Personally, I will enter a swing position lightly at the break of the trendline. I will also consider a secondary play action to include a break above 95 or 96. Thanks for reading, MrALtrades00
NYSE:CVSLong
by MrALtrades00
CVS Currently Offering Another Short OpportunityThe CVS short I posted in February turned out well. Here we see price retesting highs before a likely rejection. The difference now from February is that we are not just taking a trade off long term resistance, we are doing so after a downtrend has now been validated on the weekly. This is actually a better trade from a likelihood of successfully hitting PT1. Position size should be determined by the width of the stop loss. So, a stop at the high would justify a smaller position than a stop a bit lower.
NYSE:CVSShort
by MicDrop5
earnings watch 5/4earnings watch 5/4: MRNA MRO ETSY EBAY GNRC UBER CVS GOLD MARA WING Do your own due diligence, your risk is 100% your responsibility. This is for educational and entertainment purposes only. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Good luck and happy trading friends... *3x lucky 7s of trading* 7pt Trading compass: Price action, entry/exit Volume average/direction Trend, patterns, momentum Newsworthy current events Revenue Earnings Balance sheet 7 Common mistakes: +5% portfolio trades, capital risk management Beware of analyst's motives Emotions & Opinions FOMO : bad timing, the market is ruthless, be shrewd Lack of planning & discipline Forgetting restraint Obdurate repetitive errors, no adaptation 7 Important tools: Trading View app!, Brokerage UI Accurate indicators & settings Wide screen monitor/s Trading log (pencil & graph paper) Big, organized desk Reading books, playing chess Sorted watch-list Checkout my indicators: Fibonacci VIP - volume Fibonacci MA7 - price pi RSI - trend momentum TTC - trend channel AlertiT - notification tickerTracker - MFI Oscillator www.tradingview.com
NYSE:CVS
by Options360