CSL 1.58% $305.67 csl limited

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

  1. 333 Posts.
    lightbulb Created with Sketch. 9
    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..
 
watchlist Created with Sketch. Add CSL (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.