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
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