CL , Colgate another update

cl may 20 2011

Anther possible way of looking at Colgate Palmolive is to assume that the stock has been tracing out a year long , perhaps even longer, triangle. I prefer the other count but it is interesting that the target for both counts is roughly the same. Time wise this interpretation would suggest completion  around mid July but with a high degree of variability.

For completeness the other (two ) counts are repeated below.

cl may 20 2011 2