CSL stock price is suffering some short term sell off and the current debate going through the discussion is whether this is just a blow off or the start of a trend reversal. It is premature of myself or any anyone including those with a short position to be calling anything objectively. I flip the monthly and the bull trend started from August 2011!
That is a massive bull trend reflecting on what management has been consistently performing. Unles there is smart money privy to a "time bomb" I see it as just swings in price with the bullish bias still unbroken. For a similar trend I suggest one refer to Facebook (FB) weekly charts and within this very much bullish trend, there are periods where on the daily one can argue it "looked" like the price was reversing on more than one occasion.
Perfect top up opportunities rather than looking for exits. This bull trend will take more than just a technical trend line break to call a high.
CSL stock price is suffering some short term sell off and the...
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Last
$301.12 |
Change
0.350(0.12%) |
Mkt cap ! $145.5B | |||
| Open | High | Low | Value | Volume |
| $301.69 | $304.00 | $298.71 | $230.4M | 764.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 32 | $301.10 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $301.13 | 937 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| CSL (ASX) Chart |