Long Term Investing - Here is a buy setup in CSL $CSL

1 juin 2020

Once again, CSL has retraced back to the 50 weekly moving average after a recent high.
In the past, the 50 moving average has become an excellent accumulation zone for investors.
Could we see history repeating itself here?

1 juin 2020

Note

Also, an unconfirmed double bottom and triangle are forming on the weekly chart.

4 juin 2020

Transaction en cours

If the asx200 pullbacks 1-2% in the next few days, CSL could struggle to get past the big psychological price level of $300.