CVS Health (CVS): Is the Correction Over?
SUMMARY
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I believe CVS climbed astronomical heights from its humbe wave 1 beginning. Since then, price has corrected in a downward bullish wedge formation. Would this be the time to be taking buying or selling actions? The correction could still make an incremental lower low; however I've always believed that the best time to take buying actions is at the terminal end of a correction.
With the subwaves filled in, the blue waves complete the white wave 3. The downward corrective wedge is labeled as ABCDE (red). IF wave E is complete, a breakout from the wedge pattern should occur soon. The MACD has also made a higher low while price made a lower low and thus a bullish divergence is playing out.
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NICE POST THANK GOD
awsome, thank for post !
Useful information providing by @haejin, Dear you are providing unique content on steemit i like you and your Exceptional work.provide more posts like this on daily basis, Pleaseeeeeeeee....
The best time to buy bitcoin is when the corrective wave is finished or just before it to achieve as many points as possible
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