brennanman007

Strong Stock, Strong Sector, Horizontal and Trendline Support

Long
NYSE:CLX   Clorox Company (The)
CLX is in a strong sector (XLP) that is due for some love. This stock has pulled back to horizontal and trendline support. Possible longs are above $200 or early entry now at support. There is no divergence and the coutner-trendline has not been broken, so buying above $200 has greater incentives.
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.