CVS trading range getting tight

2023年12月5日

CVS looks like it will be breaking out of this tightening range soon. Starting forming ~12 weeks ago. This one could go either way, so wait for the break. My bias is to the long side given the other indicators.

2023年12月6日

註釋

Nice breakout on volume. Let's see if we get followthrough. Would not be surprised to see a retest of the trend line.

2023年12月7日

註釋

This continues to work. Next resistance is ~$77. The 50 will soon cross the 200 which will be another confirmation signal.

2023年12月14日

交易進行

Moving into a key area that has been a challenge in the past. If it can clear here, it should be a high probability into the mid 80's.

2023年12月21日

註釋

CVS held up well in today's extreme volatility. I still like this into the mid 80's.