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Koch0617
Apr 8, 2020 7:06 AM

Clorox CLX Bear wedge Short

Clorox Company (The)NYSE

Description

Bear wedge continues.
Clorox is not the only company making Handiwipes. There is always Walmart
Advance stuck at 0.382 retracement.
Expecting breakdown to take it way down to fill gap 35-40 points lower
Am buying Sept or later puts around 175

Comment

Keep an eye on Clorox
Comments
KenJi333
Now, I can see it fall harder with the news as well. There is also the double top at 196 too.
Koch0617
Clorox breaking down through ascending wedge.
Target is a gap 40 points below
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