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CVS breaking out of Multi-Year Downtrend
CVS Health Corporation
Long
CVS breaking out of Multi-Year Downtrend
By TheWolfOfST
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Nov 10, 2020
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Nov 10, 2020
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.
Chart Patterns
CVS
Fundamental Analysis
Trend Analysis
TheWolfOfST
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