Clorox Company (The) ( NYSE:CLX ) Sector: Consumer Non-Durables (Household/Personal Care) Market Capitalization: $19.376B Current Price: $156.23 Breakout price: $158.60 Buy Zone (Top/Bottom Range): $153.50-$145.30 Price Target: $162.40-$165.10 (1st), $173.20-$176.00 (2nd) Estimated Duration to Target: 44-47d (1st), 97-101d (2nd) Contract of Interest: $CLX...
Stock trading in weekly time frame correction from August 2020...and it is Expected to go on till June 2022 or more than that... Can avoid stock....no fresh position untill stock breaks levels of 205
this is just an update, after the market opening,.... check previous update for explanation
Clorox Company will be releaseing earnings in a few hours. As far as technicals, clorox has been in a decent uptrend price has respected the lower trend line It respected the fib level 38.2 fib From a fundamental view standpoint, one would think with the coronavirus pandemic going on they should blow earnings out of the water....
Dates in the future with the highest probability for price direction reversals