CPA trade ideas
Colgate-Palmolive (CL)Suitable for conservative investors, dominat global position, steady dividend, and in our view a possibile target for a mega-merger. Dividend yeld @ 2.60%. Total debt: 6.5 billions, Annual profit 1.4 billions dollars.
CL Long Wolfe Wave Colgate Palmolive Co.Long Wolfe Wave - 6 month hold, Target 73 USD in line with 38.2 retracement of wave 3 to 4.
Buy CL at $61.50 for a little long-term investmentBuy CL at $61.50 for a little long-term investment CL
Best Bet of the Week $CL Taken from the Watchlist of daytradingradio for the week of Dec 3.78% 12th 2016
Quality 10 Points off high, Lane Divergen
$CL because people have to brush their teeth$CL looks to be bottoming. A nice triangle pattern. The thing that I find weird is that there are two abandoned babies sitting next to each other. I mean where are the parents??? I think that makes it extra bullish as soon as it crosses $66.60 ish area
Colgate-Palmolive (CL)At this price the dividend yeld is 2.20% with its high financial strenght, it could be a proxy of an high quality bond. And the price is on the medium term support's channel.
CL - Colgate: Hard work for the MMLet's just wait for something interesting.
...or sell some call spreads meanwhile ;-)
P!
Colgate-Palmolive (CL)Colgate is top quality company with a dividend yeld of 2.20%.
WE consider an entry point the Blue BOX in the range 72-71 dollars.
$CL 5:1 short set up, follow the trend!1) ADX is low and flat indicating a lack of direction at the current level after bouncing from its lows
2) Squeeze indicator shows a declining level of positive volume and that the pressure of the squeeze is still on
3) Pin bar rejection of a 3 point downtrending resistance level
4) Recent Hi-low fib also coincides with the area of price rejection
5) Fib extension of 1.272 + lows made in late 2015 provide a target of $63 along with the lower channel
6) Low volume into rally indicates lack of buyer enthusiasm
As always DYOR
CL cup and handle patternColgate Palmolive has made a cup and handle pattern which suggests that the trend is about to resume upwards
Colgate-Palmolive - Signs of correctionThe weekly chart of CL shows a divergence of MACD lines and sort of a divergence of the histogram. Both Force Indexes are lower than they were at the last swing high.
The daily chart has a closing marubozu candle, which might signal the start of the correction, note also the high volume. MACD lines and histogram show a class A bearish divergence, and so do both Force Indexes. First support comes at 66$. There is good support at 64$, where the weekly Wave stands approximately. That will be a level to watch closely if this correction is coming
