CVI LONGWant to hold this yearly fib level. Has been sideways for years. Hoping for breakout to upside. Will hold if we triple bottom.
CVI trade ideas
CVI: Set your targetsLong way out before this one looks like a buy. $14 would be a good place to buy strictly on the technical basis. This would allow a nice position for reversal - Both taking advantage of the high dividend as well as a strong value position.
CVI - Down Channel BreakCVI has encountered a resistance at this down channel top
But I think it will break
Following an uptrend line it will stick to it.
Breakout possible.
CVI - Daily/Weekly TrampolinesIn addition to the trampolines on both timeframes,
it appears we have a potential smaller inverted H&S
within a larger inverted H&S.
Measured moves for both shown for reference.
Something to keep an eye on.
Long | CVINYSE:CVI
Possible Scenario: LONG
Evidence: Price Action
This is my idea and could be wrong 100%,
CALLS for 21 May Strike 25$
CVI swing idea$CVI an oil/energy play that was just given upgrade to buy with price target $33. May consider swing with a stop loss a little below $24
$CVI Handle start$CVI was already looking like a breakout.
Hit top of the cup at 18.3 and is regressing right now (handle).
If it starts to trend up today expect breakout tonight/tomorrow
Possible Wave 5 for $CVIVery extended over the course of 6 months but CVI appears to hold the rules for a wave (iv) since it did not drop below the top of the first wave. It is cureently up trending and has a potential to hit $22 in the next 1-2Months.
CVI Bullish Trend is coming ? Buy @22.65Bullish Divergence on RSI, Higher volume than average, waiting for breakout confirmation (If there's a breakout!)
CVI - CVR Energy - Inverse Head and Shoulders forming. CVR has made a good recovery since December. A clear Inverse Head and Shoulders pattern. Entering a long position.
Short CVR Energy now!Let's face it, this company is terrible.
Mediocre balance sheet, overvalued, has increased debt, bad earnings, everything is terrible.
It's at least double the price it should be.
So, I decided to short at 42.30 and I'm aiming for the other side of the channel.
CVI - Bullish Swing TradeThis is a bullish swing trade I am considering entering tomorrow. I am going to watch the markets closely to see how they open tomorrow as well as the oil market. I liked the crude inventories number that came out this afternoon which I believe could help boost oil prices as well as oil stocks in the near term. It looks to me like the price is at a decent support level and I really like today's candle.
Continuation to Multi-year High17-week uptrend with strong volume moving in. Expect a bit of consolidation as we get to next resistance level, but continuation of trend favors continuation to multi-year highs near 48. Entry here would be half a position with a tight stop until we clearly graduate above the next key level.
Possible LongEntry 20.17, Stop 18.83, Exit 21.42
Based on positive insider news related to Chief Cheeto
CVI - Cup and Handle PatternLooks to me like a Cup and Handle pattern is forming.
Will keep a close I on CVI for a breakout above the cups high.
CVI starting to breakout now lets see if it holdsCVI starting to run towards resistance, lets see if it can breakout
CVI flag, watching for the breakoutCVI is consolidating in a flag pattern right now, if we get a nice run on this it can breakout above the $17 resistance area.
