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Colgate-Palmolive Company
Long

$CL Swing Trade Idea

By s_m_s
Updated
CL is approaching the daily 20ema line (yellow).

This also happens to be where the volume accumulation is highest before there is a gap to the downside.

If CL can hold about $84.25 at close, it will look nice for a swing to the upside.

Vol profile POC is to the upside as well. Good value area to swing long here at bottom of value area.
Trade closed: target reached
Up at least a dollar per share today from trade idea.
Trend Analysis
s_m_s

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