Andy_D

CSL trading in tight range

Long
ASX:CSL   CSL LIMITED
Price being controlled by traders.

Price respecting uptrend/trendline.

Forming an ascending triangle.

Breakout will likely occur to the upside at peak of triangle.

Likely will coincide with positive AstraZeneca Vaccine news or CSL distribution news.

*Not Financial Advice*
*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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.