Rotten Teeth

By -

One of the most stable and ostensibly boring stocks on the planet is Colgate-Palmolive, but I just shorted it. Why, you ask? Look at this beauty:

Topping pattern on symbol CL

If you look at the longer-term pattern, and the trendline break, I hope you find it equally intriguing.

Multi-decade view, including the long-term trendline
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