CSL 0.25% $306.51 csl limited

It has recently broken all the support levels I thought might...

  1. 392 Posts.
    It has recently broken all the support levels I thought might stop it.

    I'm now wondering if it will drop and fill the price gap between $23.70 and $27.50. I started off skeptical but I'm being brought around to the charting view that gaps usually need to be filled. Watching quite a few stocks over the last year is starting to convince me.

    The interesting thing about the gap is that it started at a resistance level that would be likely to provide support this time. It's a long way to go to get this low though.

    So, my prediction is that if it keeps dropping the low will be around $23.50-23.70.

 
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