I have been trading Clorox Stock since the crash ended in early 2009. The stock has doubled since then recovering all its losses and setting all new highs. Last December it reached an intraday high of $96.76 before pulling back. It has not reached that high since but the trading pattern continues to show strength. Analysts continue to be split on where the stock is headed. Since my last look at Clorox stock on June 10, there are now no sell recommendations, 4 under perform ratings which I look upon as a sell recommendation, 8 holds and 3 strong buy ratings.
The last time I looked at Clorox Stock back on June 10 it was shooting higher on acquisition rumors. You can review the June 10 article through this link. Since then the rumors have stayed as just rumors and the stock has not been able to recover the highs of June 10. Investors through seem reluctant to let the stock fall much below $90. This morning however the stock dropped near the outset and I entered into more trades. This trade shows the value of finding a company you like and placing your offers to sell or bids to buy at pre-determined prices. Sometimes you get a fill, but I am always surprised at how often I get a fill.
Trade Alert and Analysis for Clorox Stock
To read the Clorox Stock trade alert and analysis plus a couple of other trade ideas for Clorox Stock this morning, FullyInformed USA Members can can login directly through this link or Members can sign in to the full USA members site here. Non-members can join here.
Disclaimer: There are risks involved in all investment strategies and investors can and do lose capital. Trade at your own risk. Stocks, options and investing are risky and can result in considerable losses. None of the strategies, stocks or information discussed and presented are financial or trading advice or recommendations. Everything presented and discussed are the author’s own trade ideas and opinions which the author may or may not enter into. The author assumes no liability for topics, ideas, errors, omissions, content and external links and trades done or not done. The author may or may not enter the trades mentioned. Some positions in mentioned stocks may already be held or are being adjusted.
Clorox Stock Internal Links
Clorox Stock External Links