Yesterday, I opened another long position. I added $CVS (-0,19%) to my Blue Chip Fibonacci Portfolio.
The stock reached yesterdaythe 23.6% Fibonacci retracement level from its ATH, an area I monitor as part of my investment framework.
Beyond the technical picture, CVS Health is a leading healthcare and pharmacy services company, operating across retail pharmacies, pharmacy benefit management, and health insurance. This combination provides exposure to a sector where demand is driven by long-term demographic trends, including an aging population and increasing healthcare needs.
I'm looking forward to seeing how this position performs over the coming months and years.
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