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?

١ يونيو ٢٠٢٠

ملاحظة

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

٤ يونيو ٢٠٢٠

تم فتح الصفقة

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