CSL has traditionally been a “quiet achiever” ! Under promises and over delivers.
CSL tends to drift down or stagnate on no news, and rises sharply on good news.
If you aren’t a holder on the absence of no news, and you think that CSL is too highly priced for you,
you will never be a holder, because on news (99% positive) the SP will rise.
SH in almost any company are impatient to hear good news and to see the SP rise, and I will warrant that SH of CSL are not much different. If you are a trader, yes, CSL may go lower.
But if you are a long term investor, you won’t hear many complaints from SH about the lack of a rising SP in the current environment.
All investors have differing motives. Good luck with your investment journey.
CSL possible pull back to low $200's, page-17
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Last
$308.30 |
Change
-0.260(0.08%) |
Mkt cap ! $149.1B | |||
| Open | High | Low | Value | Volume |
| $307.48 | $308.46 | $306.25 | $23.93M | 77.83K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 21 | $308.26 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $308.29 | 16 | 2 |
View Market Depth
| Last trade - 10.41am 16/07/2024 (20 minute delay) ? |
| CSL (ASX) Chart |