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.
Cameco would ideally have another small leg down but the possibility definitely exists that the drop is done. A very shallow diagonal may have formed and the triangle shown earlier may not exist. Unfortunately I cannot get the necessary detail on these charts.
My guess would be that we are already on the way up if we break $27.25 in which case the big fat line referred to earlier turned the tide.
See earlier comments on this stock. The stock has behaved precisely as expected as pictured again in this schematic and stylized chart. It is just shy of the ideal low of $1.50 but so often in this market stocks turn before they get there. The pattern above, for those that are interested, is most probable an a-b-c X a-b-c wave 2 retracing about 50% of the entire rise from zero, and falling right back to the wave 4 level of previous degree. The pattern is symmetric in every detail (use the mirror, green line and invert the image) which adds confidence and credibility to the view that this one is ready to resume its upward trend. For the sake of 10cts it is not worth waiting. The first target would be $2.21 to close the gap and then $2.60. This latter target would be reasonable even in a continuing bear market. By the way, a nice Fibo ratio would develop if it did this. Suppose you buy at $1.62 and make $1 when selling at $2.62 you would have a gain of 62%, all are Fibo numbers.
Aflac is an insurance company. Claims are increasing exponentially as a result of the non-existing global warming and, at the same time, a major source of income, that is the yield on collected premiums has also become virtually non-existent courtesy the Feds interest rate policies. Yet this stock has climbed right back up to near the all time highs. I suspect, as is so often the case, that the stock has met resistance by way of the channel that used to provide support. A prudent person would sell this stock without regard to the charming and irresistible duck or goose that represents this company.