ChristopherCarrollSmith
Long

CVS breached channel top; buy the pullback

NYSE:CVS   CVS HEALTH CORPORATION
CVS has been on a monster run, and today it breached the top of its long-term downward trending parallel channel . CVS is overbought, so it will probably pull back before moving higher, but the channel breach is a bullish signal that strongly suggests the downtrend is over. I expect CVS to see 100 within a year or two.
Nice
+1 Reply
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