BUYZONE = 186-180
Cost Avg Down (CAD) = 165-170
1st target = 192
2nd Target = 236fib 196
3rd Target = 382fib 204
HODL Target = ATH
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The plan details are on the chart. Short term, if CLX visits the 208 level and makes a double bottom on a smaller timeframe I will look to go long with a tight stop at 202. If 202 breaks, the bottom of a horizontal channel is at 194 which is where I would look t reload due to fib support and the 200 day moving average. The targes for longs of the first trade are...
Clorox NYSE:CLX has really been selling off this month. The stock has dipped below its 100 day exponential moving average more than twice recently. I am going to see if CLX break below the 200 EMA. If so, then the key levels to watch might be that bearish turning point line, which was drawn using previous support levels.
Seeing this chart makes me wonder...Is...
As mentioned before, Clorox ( NYSE:CLX ) has been one of those steadily rising stocks that appear to be benefiting from the Coronavirus. Logically, it makes sense that a company like Clorox would do well during a time where sanitation is of the utmost importance. It's not surprising to see that CLX is on the rise, however, even rising stocks need to take a...
$CLX has been rising since corona crash. Even though earning results beat the estimations yesterday, It couldn't break out the resistance which has been attempting for 3 weeks. RSI is above the trendline but hit the resistance ad pulled back yesterday. It matters if if it will stay above the trend or not. I would expect a pull back for some time before it will...
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
Clorox, regardless of the hand-iwipes, is forming a nice bear flag on the hourly.
If this breaks down expect target to come to EXACTLY the gap up move from mid-July 2018 ~ 40 points from here
Also may reflect a H & S completion