Stockmaniac55

CLX is making higher highs time after time

Short
NYSE:CLX   Clorox Company (The)
CLX saw a pullback because it was being overbought and it dropped $15 because of it. CLX is now neither overbought nor oversold which is a good thing. However it is closer to the overbought side. Once it hits 70 on the RSI the price is going to drop.
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.