Colgate-Palmolive Company (NYSE)

#CL

The overall trend is upward. A bullish divergence has formed on the Awesome Oscillator, and Stochastic Oscillator signals oversold conditions.

Trading idea:

Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending pattern.

Stop Loss under the local minimum.

Target levels: 78.51; 84.50.