CVS Health Corp | CVS | Long at $43

23 thg 12, 2024

Not much to write about here except the stock has reentered the "crash" simple moving average area (see green lines). Often, this signals an overall bottom, but it doesn't mean a further dip below $40 isn't possible in the near-term. Personally, I can't ignore this reentry and thus have started a position at $43 (after closing out a previous position in October in the $60's). The company has a lot of headwinds, but if Walgreens WBA is also in trouble, is CVS too big to fail in the short-term?

Target #1 = $53.00
Target #2 = $60.00
Target #3 = $65.00
Target #4 = $68.00

22 thg 1

Giao dịch đang hoạt động

Target #1 reached for a 23.3% gain.

7 thg 2

Đóng lệnh: đạt mục tiêu

Fully exited the position at $55.00. Too many headwinds to feel comfortable holding long-term, but a 23.3%-27.9% gain after a little more than a month was a good trade in my book. Good luck to those who choose the hold!