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:

slopechart CL
Topping pattern on symbol CL

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

slopechart CL
Multi-decade view, including the long-term trendline