Text me if you have any questions/comments for me.
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CSL - Previous analysis was done on 27 Sep -> suggested half entry around 310 levels if comfortable with overhead resistance zone - Since then, the stock did not recover to those levels but instead had a Structure Break - Stock is currently consolidating between the 295 resistance levels and 285 support levels - Any further break of support could see the stock fall towards the 275 low created in July 2021 - Strategy-to-buy (DYOR) – Suggest looking at other stocks as the current trend is not conducive for trend followers
What's your take on CSL now that it is rising towards the gaps overhead, do U think there is a strong possibility they will be filled this week. Thanks PG
Jerm88
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@Pgerv, I think if CSL doesn't at least recover to 302, there is no hope for the stock in the next few weeks. I could be wrong tho
Pgerv
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@Jerm88 thanks for the reply . CSL might be looking to fill overhead gap 🙏🤞
Thanks PG