CSL LIMITED

CSL ASX

TAjames

CSL has overhead resistance at $270, but i feel with this pull back, and following the channel, CSL will go through the resistance and push to $280 over the month. Vaccines are still being made and health is needed now coming into colder months. Entry here without a stop loss should be okay, chart is looking good, but if you want to stop loss at 15% below, would...

rutt

CSL charts suggest that the price action is looking for a support zone and if it eventuates the $200 - $230 range would be a great spot to pick it up for a long term hold.

DarkPoolTrading

Model has given entry signals for CSL Limited: - CSL Limited is a global specialty biotechnology company that researches, develops, manufactures, and markets products to treat and prevent serious human medical conditions. - We are very excited about opportunities in the biotech sector, as we believe the fight against COVID is going to move to the next phase in...

TAjames

CSL at a resistance level that was march 2020 support after the big sell off. A consolidation of a week at these levels or below $270 will set a new uptrend. Because of the covid vaccine and government support, FA is lining up nicely with the TA movement. Entry here with a stop at $250 is a good risk/reward trade.

AsimMirzaTrader

CSL could be bottoming, as it appears so on the Weekly chart after it bounced off support with High Volume. Could it be a double bottom? Maybe, only time will tell. At this point, it seems that it may have bottomed medium term and may move higher. My trade plan is as follows: TP1 - $270.00 (potential gain 6%) TP2 - $288.00 (potential gain 13%) Stoploss -...

jonnytren

I have Several DCF analysis varying from a margin of safety price from $50-$200, with such a great performing Aussie company you can not expect a pullback to the $50 area. CSL has been operating for over 100 years and is still growing at 11% P.A ROIC is close if not over the 20% mark. There are 2 trend lines that I really for a pullback. But i won't miss the...

MatheusCassiano

Matheus Cassiano, 17/02/2021.

AsimMirzaTrader

My Trading Bias is Bullish for CSL because of the decisive break of the Bearish Trendline with very High Volume. TP1 ~ $288.00 TP2 ~ $298.00 Stoploss ~ $261.00 Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.

Trading8Man

CSL LONG 1:3.15RR

AsimMirzaTrader

As we can see that the Support Zone of $268.00 - $274.00 has been strong because it got bounced off in the end of July 2020, and price made a high of $320.00 then. Now that CSL was plunging, the same support has held very well and we can see the downtrend line violated, with a Bullish Candle closing above it, with High Volume. MACD has also crossed and RSI has...

platinum_growth

CSL range bound within a rising wedge. Buying opportunity soon.

Andy_D

Price action suggests continuation of consolidation. Break out to upside will likely occur on positive vaccine news, or profitability numbers, or resumption of blood collection sites..or when this bullish pennant reaches the peak and sellers get exhausted. We are above MAs as well

johninvesting9

CSL pulling back to 50 moving average in the past it has been a good accumulation area. I am adding more CSL to my portfolio for the long term.

Andy_D

Technically, forming a bullish pennant. Fundamentally, CSL will be the provider of the vaccine, even with the recent losses in blood donors, this carries bullish sentiment. I'm predicting a large breakout some time in Late January, or Feb. Also, as you can see, it's consolidating on the RSI. IMO the stock consolidates until then, then we should see it go higher

AsxPunter

$CSL final support area

Andy_D

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.

johninvesting9

Australia's biggest health care stock $CSL could be breaking out of this wedge and an inverse head and shoulders today or next week. Time to add more if we do!

Adam-Robinson

BULLISH TRIANGLE PATTERN COMPLETE