ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis TradingLounge (1D Chart)Greetings, our Elliott Wave analysis today provides an update on the Australian Stock Exchange (ASX) featuring CSL LIMITED – CSL. According to our analysis, CSL may be advancing with wave ((iii)) – navy.ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis ASX: CSL LIMITED – CSL 1D Chart (Semilog Scale) Analysis
Details: Wave (3) – orange continues its upward momentum, targeting the 325.26 level. The price must stay above 294.81 to maintain this outlook.Invalidation point: 294.81
ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis TradingLounge (4-Hour Chart)ASX: CSL LIMITED – CSL Elliott Wave Technical Analysis ASX: CSL LIMITED – CSL 4-Hour Chart Analysis
Details: Wave (3) – orange is still expanding upwards, with a potential target of 325.26. The price should remain above 296.49 to sustain this analysis. The Long Trade position with CSL has yielded a good net profit and is expected to continue growing.Invalidation point: 296.49
Conclusion: Our analysis, forecasting contextual trends, and short-term outlook for ASX: CSL LIMITED – CSL are designed to offer insights into current market trends and effective strategies for capitalizing on them. We provide specific price points as validation or invalidation signals for our wave count, which enhances the reliability of our perspective. By integrating these elements, we aim to deliver the most objective and professional view on market trends.Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).More By This Author:Elliott Wave Technical Analysis: Euro/British Pound – Thursday, July 25
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