TheWolfOfST

CVS breaking out of Multi-Year Downtrend

Long
NYSE:CVS   CVS Health Corporation
CVS is breaking out of a Multi-Year Downtrend since 2015.

CVS has repeatedly bounced off an uptrend line dating back to 2002 (Post-DotCom Bubble).

CVS Fair Value is $100~ based off my discounted Free Cash Flow calculations.

I am long since $61, CVS is my largest position at ~15% of my portfolio.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.