COLG34 trade ideas
COLGATE-PALMOLIVE - Swing Long Idea- Price is in a large range
- Currently oscillators showing oversold
- Volume picking up
- Upcoming earning/divi
-- MANAGE YOUR RISK - -
Disclaimer: All ideas are my opinion and should not be taken as financial advice.
CL seems like a good short not sure how far it will fall definitely 79.00 but could go lower. Just ride the 20 sma down
cl analysemy analyse it about cl in the future marcket , cause it have an old resistance when he touch it he come back and the fibonachi and trend line and a lot of our technique of analyses give us thus result , thank u .
$CL strong setup for bullish move.$CL strong setup or bullish continuation. consumer stocks are trading higher yesterday amid a possible rotation out of tech stock names. and also for economic reopening.
Buy calls above yesterday highs. 82.42
buy puts below 80.76
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LONG CL REASONABLE+% returnsNYSE:CL They may the tooth paste i think people will keep using tooth paste
Dont take this trade if you cant take a close run in with the stop loss the profit is not extremally large its just a good company want to hold it
Colgate: bullish divergence + 1st higher lowWeekly:
Price has hit support for the second time and although the divergence is not pure, it is kind of a bullish divergence, on MACD-H and EFI. Stochastic RSI is coming from an oversold condition and shows some movement in a positive direction. Also, -2 ATR is has been the outer stretch mostly and could indeed pull up to value zone
Daily:
Ticker has made up a good upmove already, will check intraday to see if it would give a better entry. There is a bullish divergence on MACD-H and EFI, and a first higher low acter that. The impulse has changed to blue and price has upshot since the decline, ending in the lower area of the value zone. Stochastic RSI is also showing a bullish divergence as well as macd lines. %K just crossed the %D line. I expect it to move a a possible higher high, and at least reaching the previous high.
Entry: Around 75.5 But I will check after market open if we could find a better intraday entry. I will enter after market open.
Target 1: 76.9
Target 2: 77.95
Stop: 74.15
R/R: 1.3 - 1.8
Colgate-Palmolive CompanyHousehold goods. Cold winter coming. Holiday travel. Those family members you don't want visiting will need toothpaste and you will need dishwashing liquid for those thanksgiving plates lol. Seriously, I like household goods for this time of year seeing how people will be in the warmth of their homes. How does a household name sound for household goods? People like great value and some use walmart to find that. I'm sure you can find some $CL products somewhere out here in your local stores for your convenience. Is that a w pattern setting up? I'd like to see price retrace the previous high over time. I do think this price is pretty high..I'm moreso using catalysts here versus valuation to be honest. I never said I was an advisor. I just like charts.
Technical analysis (CL)Limit buy - 75,75$
Target - 80,30
Risk/Reward Ratio - 3,79
Stop-loss - 74,55
The company was very well bought off from the support line.We focus on large volumes.
ClTesting the .382 fib. We hold 75.60 area as we have bounced so far, we could
Be setting up for a double bottom. Times feel crazy but I don’t think it’s all going to crumble yet. Still some time to buy some dips. Use tight stops but this isn’t a bad setup as long as it holds!
Colgate-Palmolive (CL) Market volatility, foreign currency effects, and rising operating costs may hinder some gains: consumer demand may pale in comparison to the pantry loading and increased consumption during the onset of the COVID-19 pandemic over the March, 2020 quarter. The Company may consider acquisitions to expand the business, but we still belive it is an intersting target by Unilever or PG. Finally there could be a merger with Reckitt. The company has reached levels of efficiency and profitability such that only an acquisition could increase the room for growth.
ColgatePalmolive Company (CL) LongTrade Idea
Enter Long - Ideal price is $76-77 but still a great buy at $78.
Stop Loss - $75.5
Profit Target - $83-85
Colgate-Palmolive waking up?
After a high of $85 in mid July, the stock has taken a punishment but this is temporary. This is a solid company with solid financials who is currently trading at 31.7% below estimated fair values. Earnings are forecasted to grow 4% per year. This stock also pays out a reliable dividend of 2.3%.
For the six months ended 30 June 2021,Colgate-Palmolive Company revenues increased 8% to $8.6B. Net income increased 3% to $1.38B. Revenues reflect Oral, Personal and Home Care segment increase of 6% to $7.02B, Pet Nutrition segment increase of 14% to $1.58B, Asia Pacific segment increase of 12% to $1.41B, Europe segment increase of 10% to $1.43B, Latin America segment increase of 7% to $1.81B.
$CL - colgate; revenge trade I lost a lot on Colgate in the past because I refused to read the chart, I kept making it say what I wanted.
Not this time. Those days are long in the past.
This has a cup and handle with other positive indicators.
CL > 80Gameplan:
Ticker: CL
Sector: Consumer Defensive / Household Products
Average Beta: 0.60
Set up: Head & Shoulders
Entry Price: 80.15
Stop Loss: 77.39
Price Target: 92.50
Scale in/out: Will scale in light if volume picks up approaching 80$. Will Kick 1/3 into strength if bids support the trade. Will trail the other 1/3rd through the previous day LOD. The final kick will be held against entry to reach target (5:1).
Will you trail: Will trail with previous day LOD for 1/3 of the shares.
Next Earnings: April 30
Previous Earnings: January 29
ATR: 1.35
ATV: 5.12
Spread: 0.01 - 0.05
Support: 77.50, 78.50, 80 (Can be used as support if bids can support)
Resistance: 80, 86.50 (ATH)
Key Levels: 77.50, 80, 83, 86.50 (ATH)
Short Interest: 0.80%
I like this trade because it has a defined phycological resistance level at 80$ and the formation makes it even more clear. There isn't too many resistance levels ahead besides all-time highs, so if volume can support the bids breaking out of this 80$ level then this trade could work pretty well.
I wouldn't trade full size into this trade but instead grab a feeler since its coming off of a pullback that isn't really too healthy along with the levels of support not being to defined as its just a micro pivot level. Another con to this setup is that earnings is on April 30th meaning this name is going to have to make a 16% in almost 3 weeks, and for a low beta name this would be difficult.
This trade isn't an A+ but instead a B-
CL - Trade Idea Heres my view on CL. as can be seen on the daily, we are in a downtrend since Jan, current market conditions are not helping that by any means but I dont believe the downwards momentum is over yet.
We have bullish divergence on the MACD but in my experience divergence on the MACD rarely works out, maybe we will see some short term upside. what's really pushing me to be bearish on this is that we are below the the 21 EMA with a squeeze beginning on the TTM.
With a squeeze forming on the TTM and TTM Wave C showing heavy momentum below zero theres around a 90% chance of a continued move to the downside so with that in mind and current market conditions Im expecting a move downwards possibly to the area of 65 over the course of a month.
Always make sure you do your own analysis before placing any trade.
This is not investment advice, only for educational purposes.
CL - Great candidate for watchlistWhat a roller coaster for last 2 years, i am waiting for 76 or 72 breakout. With travel opening the upside i feel, is with business sales like hotels and BnBs. Retail could also benefit from multiple product lines apart from just brushes and paste as masses get ready to get out of all the zoom calls and be physically present.
COLGATE-PALMOLIVE (CL) Nice Entry Point on W1.COLGATE-PALMOLIVE (CL), W1: Support line + Hammer + Spinning Top + Volumes + Bollinger Bands
