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GlennTrading
Oct 14, 2023 10:04 PM

Recession Proof Long

Colgate-Palmolive CompanyNYSE

Description

Look at this recession proof darling.

When I see a large company that had a huge sale and is beginning to rebound. I begin to draw on the chart.

This stock pays a nice dividend every quarter and is ready to pay.

If you like to invest on earnings, we are in earnings season for this one.

I've marked the points of profit in green and the caution to get out even the stop loss. Let's make some profits or at least get us a dividend stock on sale.

Trade active

We have reached the first two targets based upon technical analysis and the current market conditions.
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