Technical Summary: The 5 year chart for CSL is wonderful for long term holders or trend followers. The stock has consistently found its way to new highs. When the stock has become overextended after a strong rally the stock has pulled back to form a dip that has consistently been buyable. This has happened in the last year with the stock rallying to all time highs before becoming overextended and pulling back sharply (highlighted). This appears to be forming the left side of a cup with handle formation. We now appear to be looking at the handle phase. Investors should look for heavy volume coming into the stock as a buying opportunity. Investors may also look to just buy the stock to participate in the long term uptrend. The stock should be sold if the uptrend ends.