Clorox Company’s stock (CLX) saw a rise in intraday levels, trading sideways as it gathers positive momentum to rise anew. The stock is amid the dominance of the upward correctional trend in the short term, with positive pressure from the 50-day SMA, coupled with positive signals from the RSI after reaching oversold levels. The expectation is for the stock to rise and target the resistance of 158.70, provided the initial resistance of 145.88 was breached.

Expected trend for today: Bullish