Chartimistic

CHD - Bearish Channel Continues

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NYSE:CHD   Church & Dwight Company, Inc.
Church & Dwight's stock popped up today on my daily bearish scan but I have had it on a weekly bearish watchlist since mid-August when I noted the RSI bearish divergence. Since then, the price has remained within its descending channel. With this name showing up on my bearish daily scan it may be getting ready for another leg down. $63.10 is the area where the support line currently sits.

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