kilo1romeo

CHD Church & Dwight distribution

Short
NYSE:CHD   Church & Dwight Company, Inc.
$CHD looks like it's being trimmed on the up moves. See Excess Demand Supply signals. I will be trimming back and trailing up. Should not drop until the green "A" flips to a red "D". At that time (if other signals have not flipped green) Supply signals 1 thru 5 will be in alignment. Then I'll pull the trim trigger. Technical resistance above is at the $91 +/- zone. I am very confident it does not get through for many months. Perhaps over a year after this gigantic run. Support in the mid - high $70's. This is a great company. Rock solid. Old timer. I still want the dividend but I see the high probability of lower prices in the months ahead. Therefore, I will set resting buy orders to scale in the mid $70's. Just my thoughts. kilo1romeo.
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.