HTF - Long CVS

16 Nov 2020

CVS really likes testing this rising, upper trend line. It's reversed every time it has crossed it, but it keeps coming back for more. We seem to be heading back now, as an inverse head and shoulders appears to be forming, and it's on the verge of breaking out of it's local trend line, while starting to curve upwards. MACD supports a reversal here. RSI supports continued upwards momentum. Price has made a lower low and a new local higher high. Be warned... the trend line we're touching right now could also act as short term resistance. Another lower low would be healthy.

This appears to be a good long term play. Looks like it is possible of reaching 174 by 2024.

25 Apr 2021

Nota

Broke trend, this has up written all over it. Above 83 I get moist.

11 Mei 2021

Nota

We're getting there. Broke through, would like to backtest 75 and hold above... will probably set bids there through 64.

27 Ogo 2021

Nota

On track for all time highs. Dips down to $75 are for buying, or maybe bid $90 when it busts through. Whatever floats your boat.