Perhaps I should start a new thread and call it 'CSL has more...

Perhaps I should start a new thread and call it 'CSL has more downside'. But no, there's room for more upside, especially after the pull-back is over and done with. As I see it, CSL has hardly started going downward (I am saying that because CSL is still mightily bullish, clearly.) The chart does not include today's price action. No problem. Note the squeeze of the Bollinger bands around the indicator in red (third window below). A squeeze of the bbands is invariably the prelude to a correction upward or downward. In the present case, it is likely to be a downward correction. The squeezed indicator (in red) in the bbands is far from the bottoming bearish zone. It is likely that it will get there, assuming the pattern persists (circles). The two Fibonacci clusters (dark black dots in the first window) suggest 203-185 are possible price targets. Lastly, as I wrote before, all good things come in threes (numbered trendline 1,2,3..?). We may witness, hopefully, a price action bottom then. But, as always, there's no guarantee.