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Church & Dwight's Charts Could Continue to Fall

Church & Dwight's Charts Could Continue to Fall

Household products company Church & Dwight was upgraded to buy from hold at a sell-side firm but they lowered their price target to $85 per share from $90. The daily On-Balance-Volume (OBV) line is weak but has yet to break below its May low. The weekly OBV line is pointed lower and the MACD oscillator is bearish.