Technical Summary: The stock of CSL has been in a long term uptrend. The stock has been difficult to buy on a pullback and has instead buying has been most intelligent on the breakout. Over the last year on the chart above there has been three breakout opportunties for traders to enter a position. The stock over the last year has not provided too many opportunties on a pullback. This is until very recently where a breakout failed and the stock has pulled back to support. This provides an area of opportunity for mean reversion traders/investors to enter the stock. The long term trend in the stock price parallels our fundamental view on the stock that you can access by clicking here. We also have a potential options trade available for traders that you can access by clicking here.