CSL - Slowly Forming Bullish Pennant
Updated
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
We are above MAs as well
Note
Still trending down, needs to hold above major resistance.Note
Broke down out of pennant. Bounced off major support area.
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*Only Risk What You Can Afford To Lose*
*Just Ideas, Not Investment Advice*
*Trade At Your Own Risk*
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