A Boring Stock Breaks Out of its Exciting Pattern

Reference the now public NFTRH+ post from March 29:

NFTRH+; A Boring Stock in an Exciting Pattern

I am having as much of a crappy day today as lots of other people. But it’s only one day (as opposed to a trend, so far) and some things are going well due to staying tuned to the market’s rotations within a (personally) annoying phase of chop and grind in the markets.

CVS daily is breaking out of the pattern.

cvs

CVS weekly is breaking out of a pattern of its own; a  long-term base.

cvs

And CVS monthly is therefore now theoretically targeting an all-time high at 102, per the original update linked above.

cvs

I hold two separate CVS positions.

Note: The way the machines have operated lately, I almost feel like they’ll scour the internet for posts like this and then reverse the whole damn thing tomorrow. That is how this market feels. Mean spirited.

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed interim market updates and NFTRH+ dynamic updates and chart/trade setup ideas. You can also keep up to date with actionable public content at NFTRH.com by using the email form on the right sidebar. Follow via Twitter @NFTRHgt.

Testimonials