CSL 1.00% $308.53 csl limited

My thinking is this:Keep dropping from the $300 rejection down...

  1. 1,459 Posts.
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    My thinking is this:

    Keep dropping from the $300 rejection down to $282 where both the 50 and 200 MAs are located. Strong support here.
    I think it will then dip again to $275 to $278 and bounce off the very long term support line.
    Then it will rally in the beginning of August in prep for 18th FY21 report.
    From there, it depends on the release. Hopefully plasma data is going well and they provide an update on CSL112 (doubt it).

    I'll be buying just under $280.

    https://hotcopper.com.au/data/attachments/3296/3296007-2b1293c214476c2e6b528535fc8fcf99.jpg

 
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