That is certainly a valid alternative interpretation of the chart I posted. Which would just leave the question of how far the voters overshot CSL to the topside. Probably not to the extent of $35 that I'm calling. So my interpretation, ie. that there's something wrong at CSL, would need to be correct for $35 to eventuate.
There is also a bullish interpretation of CSL's long-term chart and I would guess that a majority of chartists would be long-term bullish on CSL. So I'm probably going against the charting mainstream in my bearish $35 call.
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CSL
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Why is CSL tanking, page-30
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Last
$239.14 |
Change
0.280(0.12%) |
Mkt cap ! $116.0B |
Open | High | Low | Value | Volume |
$238.23 | $241.14 | $238.23 | $49.69M | 207.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
10 | 302 | $239.12 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$239.14 | 26 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 70 | 239.220 |
4 | 25 | 239.210 |
2 | 16 | 239.200 |
1 | 1 | 239.190 |
2 | 26 | 239.180 |
Price($) | Vol. | No. |
---|---|---|
239.260 | 28 | 6 |
239.280 | 39 | 3 |
239.290 | 23 | 2 |
239.300 | 37 | 1 |
239.310 | 43 | 5 |
Last trade - 15.24pm 16/06/2025 (20 minute delay) ? |
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CSL (ASX) Chart |