cup and handle targets breakout above 92.50-93.
CL has a cup-and-handle pattern rallying toward 92.50-93 resistance; a breakout above that should lead to new highs.
CL formed a cup and handle pattern similar to what we saw on XLF. It is rallying toward the 92.50-93 resistance level. A little pullback would set up a good entry, and a breakout above that level likely runs to new highs. Good defensive name.
Publish-day $86.33 · 06/23
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