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Stock pick for 10/15/2011

Stock pick for 10/15/2011


Church & Dwight Co., Inc., together with its subsidiaries, develops, manufactures, and markets a range of household, personal care, and specialty products under various brand names in the United States and internationally.

Technically CHD forming daily triangle pattern with third try to break above $45 resistance area. My interest is above that resistance and I will look for run at least to previous high what is around $46 number resistance. Depends on pace I will look also for possible move to equal move resistance area (blue line) and $47 area.

Wish you all good trading day

Ivica Juracic

 


 

 

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