CHD has broken out a year long consolidation . I notice a few other value names breaking out this week (See link) . I think exodus out of growth into value has help some of these blue chip value companies breakout in the last week. Going forward into 2022 you definitely want to wean off the tech and grab some value plays. I know for some of you who started investing/Trading in the last 2 yrs your favorite stocks to go long on was/is Tech or even but you have to adjust if this bubble has popped.
CHD looks great on every time frame. Look at some March 2022 120$ calls..
CHD looks great on every time frame. Look at some March 2022 120$ calls..
