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COLGATE-PALMOLIVE CO COM STK USD1COLGATE-PALMOLIVE CO COM STK USD1COLGATE-PALMOLIVE CO COM STK USD1

COLGATE-PALMOLIVE CO COM STK USD1

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COLGATE-PALMOLIVE CO COM STK USD1 stock forum

CL 1-yr regression trend is strong as an ox, and price is right at support. Plus, price just tested the first Fib retracement level of the YTD range. The weakness is clearly from "risk on" sentiment following the Fed decision. If one wanted to try a long position, this seems like a good setup.
Snapshot

CL target 87.6 ?

Another bullish reversal candle is appearing on the monthly chart of crude oil right at the EMA cloud, which continues to act as support.

CL OIL UKOIL USOIL WTI
Snapshot

We're reaching level when the price of crude oil may find major support. These lines here represent the EMA ribbon on the monthly timeframe.

CL OIL UKOIL USOIL WTI
Snapshot