jtchua

CLX Forming a Inverse Head and Shoulder Reversal

Long
jtchua Updated   
NYSE:CLX   Clorox Company (The)
Current Situation:
Recent Profit: Very Good
RSI14: Bullish CLX
ADX: Neutral
DMI Movement: Bullish
Price is Above EMA20 and EMA50: Bullish Short term

Trigger and Action:
Buy near 153 because break of Neckline resistance, break of EMA100 Resistance, EMA20 crosses up EMA50 and probable ADX hits 20.
Trade active
Trade closed manually:
@5m TF,
Price hit EMA50,
EMA20 crosses down EMA50
Trade active:
Forming bases, holding at support of 155.17. Buy Back.
Trade closed manually:
Going to wait for retest or breakout
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