CSL - Slowly Forming Bullish Pennant

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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
Nota
Still trending down, needs to hold above major resistance.
Nota
Broke down out of pennant. Bounced off major support area.
Chart PatternsTrend Analysis

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