CLX tested the 50% fibonacci retracement and quickly proceed to form a bullish engulf candle. With bullish divergence on the stochastic, time to long @ 198 with initial stop at 193 and looking scale out between 210 (recent hi) and 210 (127% fib extension).
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.
Disclaimer: This is just my own analysis and opinion for discussion and is not a trade advice. Kindly do your own due diligence and trade according to your own risk tolerance. Thank you.