CSL 0.48% $237.82 csl limited

corrective flat finished?

  1. 436 Posts.
    Hi kiddies,

    Had a look at CSL - it could be argued that CSL has just finished a nice 3-wave corrective flat, with all the right internal counts. If so, then the first target from here is somewhere in the low $12.00 range ($12.25 ~ $12.35).

    Three charts below - the last one includes the Accumulation / Distribution line (dark blue) which has remained in downtrend right through any corrections in the CSL price. This supports the notion that CSL is about to continue down...

    Any thoughts, contrary views welcomed.







    Regards,

    Ultrafart.
 
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