CSL - $300 and beyond, page-92

After an impulsive advance (XA) from the Oct 23 low, CSL has traced out a 3 wave ABC corrective structure.
ABC Corrective structures are typically consolidations before the previous trend resumes.
In the last 4 months price has been trading in a range between $289 & $274.
If you look at the Megenta 18 MA line on my chart it is finally rising.
The last 2 pullbacks are all meeting a rising MA (bullish price action !!!).
We have also overlapped the first swing (OA).(bullish price action !!!!).
The candles above $289 seem to be absorbing the selling & consolidating the move higher.
The best indicator of price wanting to move higher is for prices to contract first (in a tight range) or should start to see narrow range bars.
I agree earnings will have an impact on price in the short term.