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$275.88 csl limited

The CSL pattern, page-6

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rabiez

681 Posts.

6

29/05/20

10:26

Post #: 44912367
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Originally posted by Greynomad73: ↑

I bought CSL post the March crash because I felt it would probably resume its historical pattern of a steady increase. Price recovered rapidly and then for 6 weeks has consistently drifted lower. The retracement could be expected as a reaction to the overly quick recovery from March - but where will it stop? Will it slip back to the bottom of the channel (shaded on chart) around $265 or will price start to recover from the usual 50% retracement of the rally after the March low? The jury is out for me but price yesterday closed at that 50% retracement level which is also a level of natural support/resistance - so there is a chance that might stop the rot. The last two daily candles have been very negative. My money (literally) is on the recovery scenario but I'm wavering!

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Huge mountain of 13995 on the buy side currently protecting $285

CSL Price at posting: $285.66 Sentiment: Hold Disclosure: Held
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(20min delay)
Last $275.88		Change 0.075(0.03%)		Mkt cap ! $133.4B

Open	High	Low	Value	Volume
$276.76	$277.00	$275.48	$16.94M	61.32K

Buyers (Bids)

No.	Vol.	Price($)
8	70	$275.84

Sellers (Offers)

Price($)	Vol.	No.
$275.91	141	7

View Market Depth

No.	Vol.	Price($)
5	51	275.780
4	30	275.770
1	9	275.750
7	164	275.730
2	13	275.720

Price($)	Vol.	No.
275.880	149	8
275.890	28	4
275.900	7	1
275.910	43	3
275.930	2	1

Last trade - 11.08am 06/05/2024 (20 minute delay)


Last $276.06			Change 0.075 ( 0.07 %)
Open	High		Low	Volume
$276.39	$277.00		$275.45	85099
Last updated 11.27am 06/05/2024 ?

CSL (ASX) Chart

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