Jump to content

Unlocking ASX Trading Success: CSL LIMITED - CSL Stock Analysis & Elliott Wave Technical Forecast


Recommended Posts

ASX: CSL LIMITED - CSL Elliott Elliott Wave Technical Analysis TradingLounge (1D Chart)
 
Greetings, Our Elliott Wave analysis today updates the Australian Stock Exchange (ASX) with CSL LIMITED - CSL. We've identified that wave ((ii))-navy has recently bottomed out, and wave ((iii))-navy is now unfolding to push significantly higher.
 
ASX: CSL LIMITED - CSL Elliott Wave Technical Analysis  
ASX: CSL LIMITED - CSL 1D Chart (Semilog Scale) Analysis
Function: Major trend (Minute degree, navy)
Mode: Motive
Structure: Impulse
Position: Wave ((3))-navy of Wave iii-grey of Wave ((iii))-navy
Details: The short-term outlook indicates that wave ((ii))-navy has just completed, and wave ((iii))-navy is unfolding. It is subdividing into waves i, ii-grey and waves ((1)), ((2))-navy. Now, wave ((3))-navy can push higher, while the price must stay above 275.04, aiming for a target of 300.00.
Invalidation point: 275.04
Asx24.thumb.png.80eac1fbe939eb514f098cdb89394ff2.png
 
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
Function: Major trend (Subminuette degree, grey)
Mode: Motive
Structure: Impulse
Position: Wave ((3))-navy of Wave iii-grey  
Details: The shorter-term outlook shows that wave ((2))-navy has bottomed with a Double Zigzag pattern. This suggests that wave ((3))-navy is unfolding to reach the 300.00 level. The price must stay above 275.04 to maintain this outlook.
Invalidation point: 275.04
Asx24(1).thumb.png.1e015654ea8c7bd63e3f9d2823aff1b5.png
 
Conclusion:  
Our analysis, forecast of contextual trends, and short-term outlook for ASX: CSL LIMITED - CSL aim to provide readers with insights into the current market trends and how to capitalize on them effectively. We offer specific price points that act as validation or invalidation signals for our wave count, enhancing the confidence in our perspective. By combining these factors, we strive to offer readers the most objective and professional perspective on market trends.
 
Technical Analyst: Hua (Shane) Cuong, CEWA-M (Master’s Designation).
Source : Tradinglounge.com get trial here!
 
Link to comment

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
  • image.png

  • Posts

    • Recently, U.S. Senator Bill Hagerty from Tennessee spoke at the Bitcoin conference, stating his efforts to push for Bitcoin-supportive legislation to promote freedom and opportunity. This year, cryptocurrency has become a key battleground in the election campaigns. It remains to be seen whether future policies on cryptocurrency will improve.
    • The digital landscape is undergoing a profound transformation as attention, once a freely given commodity, is increasingly recognized as a valuable asset. Layer3 is at the forefront of this revolution, pioneering a new economy where attention can be owned, traded, and monetized   This innovative approach empowers individuals to monetize their engagement, providing unprecedented control over personal data. Simultaneously, advertisers benefit from transparent metrics that optimize campaign performance. Content creators are presented with diverse revenue avenues beyond traditional advertising, while the overall ecosystem experiences a more equitable distribution of value.   The implications of Layer3 extend across various sectors. Social media platforms, for instance, can leverage this technology to revolutionize user engagement and monetization strategies. Tokenomics play a crucial role in driving Layer3's economy, incentivizing participation and rewarding value creation. While challenges such as data privacy and market volatility exist, the potential benefits of Layer3 are immense   Anticipation is building as its native token $L3 is on Bitget Pre-market as users await its listing on the exchange. This milestone is expected to significantly increase the token's visibility and accessibility, potentially driving substantial growth and attracting new investors. As the countdown begins, the crypto community watches with keen interest, eager to see how Layer3 will perform in this new chapter.
    • I've been exploring the world of play-to-earn gaming recently, looking for something that's not just about endless grinding but actually offers a fun and rewarding experience. OGC really stood out to me because it combines gaming with a sense of community in a unique way. OGC isn't just a game; it's a platform where you can play, earn, and even help shape its future. You're not just a player; you're part of a community with a voice. The idea of earning crypto while playing games is exciting, but what makes OGC special is its focus on community involvement. Your feedback can directly influence the development of the game, which is a big deal. I've also heard that the OGC token is available for pre-market trading on Bitget. While I'm still getting to know the platform and its features, it's definitely something to keep an eye on. Has anyone else tried OGC? What has your experience been like? I'd love to hear your thoughts and any tips you might have.
×
×
  • Create New...
us