The retracement up or even a new trend up have just started this week.
Long entry at 65.92 with first target at 67.61
Suitable for conservative investors, dominat global position, steady dividend, and in our view a possibile target for a mega-merger. Dividend yeld @ 2.60%. Total debt: 6.5 billions, Annual profit 1.4 billions dollars.
Long Wolfe Wave - 6 month hold, Target 73 USD in line with 38.2 retracement of wave 3 to 4.
Buy CL at $61.50 for a little long-term investment CL
Taken from the Watchlist of daytradingradio for the week of Dec 3.78% 12th 2016 Quality 10 Points off high, Lane Divergen
$CL looks to be bottoming. A nice triangle pattern. The thing that I find weird is that there are two abandoned babies sitting next to each other. I mean where are the parents??? I think that makes it extra bullish as soon as it crosses $66.60 ish area
A Harami below the Channel with growing volume shall be a convincing reversal pattern.
At this price the dividend yeld is 2.20% with its high financial strenght, it could be a proxy of an high quality bond. And the price is on the medium term support's channel.
Let's just wait for something interesting. ...or sell some call spreads meanwhile ;-) P!
Colgate is top quality company with a dividend yeld of 2.20%. WE consider an entry point the Blue BOX in the range 72-71 dollars.
Colgate-Palmolive, descending peaks pattern.
Looks like a sell - Pulse, break and news all checked.