Hello All,
About time CSL bottomed out - comment based on yesterdays trades and support in and around the $29-$30 range. Todays trades has seen the price claw back. Apparently there is renewed USA insto interest in CSL. Good sign!!
Several good articles have appeared in the AFR recently, explaining the situation succiently.
At the current prices, it seem to be an attractive entry into a company that features good management and defined strategic direction. The trades in the next few days will determine if the money is really flowing back in.
Interesting; todays trade filled the gaps from the 14/06.
Based on next years earnings, PE is in the 20's and the projected EPS growth is predicted to be much higher than 30% - todays price seems cheap.
The RSI has has turned + strongly, +DI is also looking good.
I'm not a financial adviser. I do have a position in CSL and hope to gain from it in the future. Do your own research and come to your own conclusions.
Regards
CSL - It's Back?
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 (20min delay)
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Last
$273.30 |
Change
-5.150(1.85%) |
Mkt cap ! $132.0B | |||
| Open | High | Low | Value | Volume |
| $275.10 | $275.24 | $272.37 | $199.1M | 726.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 200 | $273.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $273.34 | 12 | 1 |
View Market Depth
| Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$273.21 |
Change
-5.150 ( 1.93 %) |
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| Open | High | Low | Volume | ||
| $275.24 | $275.24 | $272.38 | 30785 | ||
| Last updated 15.59pm 26/04/2024 ? | |||||
| CSL (ASX) Chart |