CSL could be bottoming, as it appears so on the Weekly chart after it bounced off support with High Volume. Could it be a double bottom? Maybe, only time will tell. At this point, it seems that it may have bottomed medium term and may move higher. My trade plan is as follows:
TP1 - $270.00 (potential gain 6%) TP2 - $288.00 (potential gain 13%) Stoploss - $237.00
Please note these are my own notes, by no means trading advice. Please do your own research before entering into any trade.
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