Long Term Investing - Here is a buy setup in CSL $CSL
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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?
In the past, the 50 moving average has become an excellent accumulation zone for investors.
Could we see history repeating itself here?
Nota
Also, an unconfirmed double bottom and triangle are forming on the weekly chart.Trade attivo
If the asx200 pullbacks 1-2% in the next few days, CSL could struggle to get past the big psychological price level of $300.
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