Learn to Evaluate Clorox (CLX) using the Charts
February 15, 2023, 13:45 pm ET, BY Jeff W.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for CLX
- Buy CLX slightly over 144.37 target 154.17 stop loss @ 143.95 Details
The technical summary data tells us to buy CLX near 144.37 with an upside target of 154.17. This data also tells us to set a stop loss @ 143.95 to protect against excessive loss in case the stock begins to move against the trade. 144.37 is the first level of support below 152.39 , and by rule, any test of support is a buy signal. In this case, support 144.37 is being tested, a buy signal would exist.
- Short CLX slightly under 154.17, target 144.37, stop loss @ 154.62 Details
The technical summary data is suggesting a short of CLX as it gets near 154.17 with a downside target of 144.37. We should have a stop loss in place at 154.62though. 154.17 is the first level of resistance above 152.39, and by rule, any test of resistance is a short signal. In this case, if resistance 154.17 is being tested, a short signal would exist.
Swing Trading Plans for CLX
- Buy CLX slightly over 154.17, target 157.92, Stop Loss @ 153.72 Details
If 154.17 begins to break higher, the technical summary data tells us to buy CLX just slightly over 154.17, with an upside target of 157.92. The data also tells us to set a stop loss @ 153.72 in case the stock turns against the trade. 154.17 is the first level of resistance above 152.39, and by rule, any break above resistance is a buy signal. In this case, 154.17, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CLX slightly near 154.17, target 151.75, Stop Loss @ 154.62. Details
The technical summary data is suggesting a short of CLX if it tests 154.17 with a downside target of 151.75. We should have a stop loss in place at 154.62 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 154.17, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for CLX
- Buy CLX slightly over 152.99, target 154.17, Stop Loss @ 152.63 Details
If 152.99 begins to break higher, the technical summary data tells us to buy CLX just slightly over 152.99, with an upside target of 154.17. The data also tells us to set a stop loss @ 152.63 in case the stock turns against the trade. 152.99 is the first level of resistance above 152.39, and by rule, any break above resistance is a buy signal. In this case, 152.99, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short CLX slightly near 152.99, target 151.75, Stop Loss @ 153.35. Details
The technical summary data is suggesting a short of CLX if it tests 152.99 with a downside target of 151.75. We should have a stop loss in place at 153.35 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 152.99, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Clorox (CLX) available here: CLX.
CLX Ratings for February 15:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Neutral |
Strong |
Neutral |
| P1 |
0 |
0 |
134.77 |
| P2 |
151.27 |
151.75 |
144.37 |
| P3 |
152.99 |
157.92 |
154.17 |
AI Generated Signals for CLX
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Clorox (NYSE: CLX) report below can help you understand how to do this. The trading plans for CLX, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for CLX:
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