The CSL pattern, page-1033

CSL's 4H chart shows little to no resistance between current SP to $280.
It's very little support here, with only a couple of touches but the most support really sits around the $275 mark. After that we can see $272 and then $270.

$280 - 4 hits
$278 - 11 hits
$275 - 12 hits
$272 - 15 hits
$270 - 12 hits

So I am quite keen on seeing a nice swing trade on $272 - $275. I think we'll see this price after a nice red day from the US.

The opportunity here would be a trade to ride back up to $315+ on the lead up to 18 August.
($315 - $275)/$275 = 14.5%.

I'm willing to throw circa $30k at this trade for a profit of $4k+.

4hr chart


Price target is confirmed via the daily chart too