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CLX Forming a Inverse Head and Shoulder Reversal
Clorox Company (The)
Long
CLX Forming a Inverse Head and Shoulder Reversal
By jtchua
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Updated
May 13, 2022
0
4
4
May 4, 2022
Current Situation:
Recent Profit: Very Good
RSI14: Bullish
CLX
ADX: Neutral
DMI Movement: Bullish
Price is Above EMA20 and EMA50: Bullish Short term
Trigger and Action:
Buy near 153 because break of Neckline resistance, break of EMA100 Resistance, EMA20 crosses up EMA50 and probable ADX hits 20.
May 7, 2022
Trade active
May 10, 2022
Trade closed manually
@5m TF,
Price hit EMA50,
EMA20 crosses down EMA50
May 11, 2022
Trade active
Forming bases, holding at support of 155.17. Buy Back.
May 13, 2022
Trade closed manually
Going to wait for retest or breakout
Chart Patterns
Technical Indicators
jtchua
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