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colgate palmolive looks bullish in medium term
COLGATE PALMOLIVE LTD.
Long
colgate palmolive looks bullish in medium term
By ParamjitMahapatro
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Updated
Oct 12, 2017
6
Oct 11, 2017
In weekly, there has been a multi-year resistance breakout , then retesting of the breakout level.
in daily hidden bullish divergence is seen,
sl - 1005, tgt1 - 1166, tgt2 - 1267
Oct 12, 2017
Trade active
good move today, up by 2.12%. closed at 1108
Oct 24, 2017
Trade active
regular bullish divergence seen in the support zone.
Nov 21, 2017
Trade active
hovering around the support zone
Jan 20, 2018
Trade active
cmp - 1150.95, after a month long consolidation at the support zone, price bounced smartly, see the follow up chart
Jan 20, 2018
Note
1st tgt of 1161, already achieved here, cheers
Jun 10, 2018
Trade active
till now 1230
breakout
Bullish Patterns
Bullish Divergence
retesting
Trend Analysis
uptrend
ParamjitMahapatro
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