Chart Alert – CSL Limited

CSL 2016.png

Healthcare heavy-weight stock CSL Limited peaked 25/07/16 at $121.25, but the share-price has since been in decline to reach a low of $91.62 on the 12th December 2016.

There has been a strong rebound since then with the share price penetrating back up through support at about $98.50.

This impulsive move is a bullish signal for further gains with the previous high at $121 a likely target.

 

 



Categories: Chart Review

Tags:

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

%d bloggers like this: