ITM.Trading

CHD high probability of bearish rounding top forming

Corto
NYSE:CHD   Church & Dwight Company, Inc.
0
After a string of higher highs and higher lows in quick succession to one another the price has begun to go sideways with shallower moves upwards and deeper moves downward.
A break below recent lows would certainly confirm a very high probability of a retrace back to the 0.382 fib which also lines up with longer term price support and would result in a lower low as well.
DYOR

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