ASX:CSL- Consolidating nicely around 200MA ( Accumulation)
 CLS is underperforming the XJO for some time. 
 CLS Underperformance to XJO was last seen around 2009.
 CLS nicely consolidated around 200 MA 
  I am invested for long term portfolio.
  Great buy around 270$
  Negative - 17th June - change in leadership CFO Mr David Lamont resigned.
  Company is in acquisition spree making the best use of the opportunity. 
  Australia highest market cap company - good opportunity to keep adding in this retracement. 
 
CSL
CSLLY Double BumpCSLLY has experienced many chart pattern formations over the years, including a horn bottom, an Adam bottom, an ascending broadening wedge which led to a bearish reversal, and is currently experiencing a ‘bump and run’ pattern. ~0.75 regression uptrend, overall very bullish even if a small bearish pullback does occur. A lot of bump and run patterns seem to be present within various pharmaceutical companies. Maybe its just my selection preference..








