CTX is building a base for a new leg up

Potential Buy Alert


CTX – Caltex Australia Limited

Stock : CTX – Caltex Australia Limited

Current Price : 31.33

Status : On watch for a major higher low

CTX is in a prime position on the longer term weekly chart to build a major higher low for a strong leg up. We see price action building but CTX still has some work to do. A little more contraction in price should lead to a higher low build for the buy entry setup and a new leg up.