CL trade ideas
CL Looking Bearish and a GOOD opportunity to SELL nowThere is no complicated science here.
The trend is your friend until its broken.
The major trend right now is down and it just broke the short-term bounce-back so it's a good time to SELL with a small position size, there is plenty of room down towards the support line.
Long CL Swing TradeI'm in NYSE:CL at $62.00.
It counts with everything i look for in a swing trade.
Positive RSI and MACD about to crossover = Bullish.
I plan on taking profits at +- $68.
It somewhat a value play, due to that i believe the stock is very cheap right now.
Share your opinion, comments and questions. Good Luck!
Risk Level: Low - Moderate.
I will keep updating my position.
Colgate Palmolive (CL) From our last analysis on September this share has dropped a lot, and we think that now is oversold. It remain a possibile target for a mega-merger and the target price could be between 85,00 and 95,00 dollars per share.
Suitable for conservative investors, dominat global position, steady dividend,
Dividend yeld @ 2.72%.
Total debt: 6.5 billions,
Annual profit 1.4 billions dollars.
Colgate-Palmolive (CL)Suitable for conservative investors, dominat global position, steady dividend,
In our view the company is a possibile target for a mega-merger and the target price could be between 85,00 and 95,00 dollars per share.
However, if the assumption of a merger does not arrive, we believe that CL is overvalued. And we think it is plausible to have a retraction that would bring the title to more consonant values.
Dividend yeld @ 2.60%.
Total debt: 6.5 billions,
Annual profit 1.4 billions dollars.