CSL 1.63% $300.69 csl limited

It is early yes, but this $108 level did act as a key resistance...

  1. 333 Posts.
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    It is early yes, but this $108 level did act as a key resistance point for a long time and now we are seeing a decent amount of support on the way down at this price. It's still early but i'd be expecting some sideways trading around this level before it hits new highs. I rekon further interest rate cuts will almost certainly propel CSL to 130+ all else equal

    Also keep in mind the exchange rate at the moment isn't doing CSL any favours..
 
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Last trade - 11.56am 05/08/2024 (20 minute delay) ?
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