We have not looked at the charts of CVS Health ( CVS) since way back on February 16 and recommended that traders should "Continue to hold longs from our previous recommendation. Raise stop protection to $71 from below $67. $91 and then $108 are our new price targets." 
Now that CVS has reached the $103 area another look at the charts is overdue.
In this daily bar chart of CVS, below, we can see that prices have broken out of a five-month consolidation pattern in late October. CVS is trading above the rising 50-day moving average line and the rising 200-day line. Prices have risen "straight up" but they are not overbought when compared to the 200-day line.
The daily On-Balance-Volume (OBV) line is firm and close to making its own new high. The Moving Average Convergence Divergence (MACD) oscillator is rising and stands above the zero line - bullish.
In this weekly Japanese candlestick chart of CVS, below, we see a positive looking picture. CVS is in a longer-term uptrend above the rising 40-week moving average line. The OBV line and the MACD oscillator are bullish.
In this daily Point and Figure chart of CVS, below, we can see a new price target in the $126 area.
Bottom line strategy: Raise stops to $93. The $126 area is our price target after $108.
