CSL 1.06% $282.70 csl limited

The CSL pattern, page-1125

  1. 1,459 Posts.
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    Righto - nice strong break over the gap back in June. So I see no technical reason, other than US movements over night for CSL not to test $299.40.

    By Friday could be the case, all else being equal.

    Big events this week include:

    • Australia's inflation numbers on Wednesday 11:30am,
    • US Fed cash rate and speech, Thursday 4am,
    • US jobless claims, Thursday 10:30pm
    • US Q2 GDP QoQ Advanced Thursday 10:30pm.

    That last one will be very important to watch, as it may move the US markets which will in turn move ours.

    https://hotcopper.com.au/data/attachments/3398/3398875-74575a11f03dd05e18d1534617011b5e.jpg
 
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