CLX has been rising since corona crash. Even though earning results beat the estimations yesterday, It couldn't break out the resistance which has been attempting for 3 weeks. RSI is above the trendline but hit the resistance ad pulled back yesterday. It matters if if it will stay above the trend or not. I would expect a pull back for some time before it will continue to rise up. First support is $187.99 where the gap will be filled as well.As a longterm outlook; consumption of the cleaning materials is increasing all around the world and needs for them will continue after corona fear due to the habits people get used to
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.