CSL Limited (CSL:ASX)
Technical Analysis: CSL has been a strong performer pre-Covid trending upwards. However, since the pandemic its shares have been range bound moving sideways with key support at $264 and resistance at $307. Since our Last report CSL has rallied strongly from $253, but Covid related uncertainty will likely keep it range bound over the near-term (between the support and resistance levels). Once Covid settles globally we see CSL breaking through $310 and recommencing a stable growth trajectory with a “post-covid” medium term target of $323 to $365 per share.