CSL - ROUNDED BOTTOM TARGET PRICE MET, PRICE GAP FILLED FROM FEB CAPPED OFF WITH A POTENTIAL SHOOTING STAR BY EOD
Rudy & Rooster
· Rooster Global Portfolio Mastery Club
· August 19, 2026 at 02:35
| Read on Substack ↗
Summary
The article argues CSL has completed its rounded-bottom measured target and filled the February price gap, but the day ended with a potential shooting star candlestick, signaling possible exhaustion after the advance. For markets, this implies CSL may face near-term resistance or a pullback unless the shooting star is invalidated.
•CSL's rounded bottom price target has been met.
•The February price gap has been filled.
•CSL printed a potential shooting star by end of day, a bearish reversal warning.
•The setup indicates resistance near the filled gap and measured target.
Length159 chars
Categoryfinance
Ideas
Rudy & RoosterSubstack author, Rooster Global Portfolio Mastery Club
Title states CSL's rounded bottom target is met, the February gap is filled, and a potential shooting star formed by EOD, which is a technical exhaustion/reversal warning after the completed move.
Title states CSL's rounded bottom target is met, the February gap is filled, and a potential shooting star formed by EOD, which is a technical exhaustion/reversal warning after the completed move.
Risk: If the shooting star is invalidated and price holds above the breakout level, the bearish read fails and the uptrend could resume.
This newsletter, published August 19, 2026,
features Rudy & Rooster
discussing CSL.
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