- CLS is underperforming the XJO for some time.
- CLS Underperformance to XJO was last seen around 2009.
- CLS nicely consolidated around 200 MA
- I am invested for long term portfolio.
- Great buy around 270$
- Negative - 17th June - change in leadership CFO Mr David Lamont resigned.
- Company is in acquisition spree making the best use of the opportunity.
- Australia highest market cap company - good opportunity to keep adding in this retracement.
Trade closed manually
Closed position last week showing weakness in a strong market. Still in tracking list and will wait for the consolidation/correction phase to complete and once bullish pattern is formed in daily or weekly chart.
Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
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Join me on Twitter @bhatiashivendra to stay updated on my thoughts and insights on stocks, financial assets, and markets. I focus on research-based analysis and avoid hype. As an experienced investor in a diverse range of assets, I invite you to conduct
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.