Clorox (CLX) Just Flashed Golden Cross Signal: Do You Buy?
CLXClorox(CLX) Zacks Investment Research·2024-02-29 23:36

After reaching an important support level, Clorox (CLX) could be a good stock pick from a technical perspective. CLX surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Like other SMAs, if a st ...