Aug. 20 at 5:48 PM
$CL | Colgate-Palmolive (Consumer Staples / Household 🪥)
$CL is testing key ascending trendline support while holding above its
$88.50 Fair Value Gap demand zone. Heavy institutional flow hitting the tape with repeated long-term sweep orders loading March 2027
$105 Calls. Inelastic pricing power, margin expansion, and steady global volume growth continue driving defensive outperformance.
Key Technical Levels
• Pivot Support:
$88.50 🐂
• Confirmation Trigger:
$92.00 🚀
• Overhead Target 1:
$96.16 🎯
• Overhead Target 2:
$105.00 💰
• Downside Risk Level:
$84.00 🐻
• Stop Loss:
$87.90 🛑
Flow & Market Bias
Flow: Aggressive LEAP Sweeps (Mar 2027
$105 Calls)
Bias: Bullish above
$88.50
#CL #optionsflow #stockmarket #technicalanalysis #swingtrading #hovdid
