Carlisle trading above channel
Carlisle Cos Inc. (CSL) presently trading above significant channel resistance. If a weekly settlement above this channel resistance occurs, this would place (CSL) in a buy signal where gains of 15% would be expected within 2-3 months, and 20-25% within 5-8 months. Inversely, if (CSL) does not manage to close above the channel resistance, the market may turn bearish with anticipated losses of about 20% over the next 2-3 months.
Anthony Speciale, founder of Speciale Analysis offers an affordable approach for all traders to grow into their highest potential.
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.