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The hourly chart is now very overbought and clearly the risks of profit taking are high. CSL has rallied 5.5% since January 14, but the daily chart is very bullish from a momentum perspective.
I personally like buying pullbacks in the name, and it is clear that sell-offs are immaterial at present.
Take a look at CSR as well, with the daily chart now at a thirty-day high and momentum favouring long positions as well.