$CSL finding support at its 50day line. Can it move higher?

Notes:
* Great earnings
* Very strong up trend on all time frames
* Pays out dividends
* Showing tonnes of strength and accumulation
* Basing for the past 4 months while the general market and the respective sector took a nasty hit
* Currently finding support at its 50 day line
* Printed a Pocket Pivot

Technicals:
Sector: Industrials - Building Products & Equipment
Relative Strength vs. Sector: 1.21
Relative Strength vs. SP500: 1.23
U/D Ratio: 2.04
Base Depth: 17.07%
Distance from breakout buy point: -7.58%
Volume 33.16% above its 15 day avg.

Trade Idea:
* You can get in right now as the price is finding support along its 50 day line and is currently bouncing off of it with higher than average volume
* If you're looking for a better entry you might find one around $245.3
* Or if you want a safe entry you can buy at the break above 254.44

* This stock usually has local tops when the price closes around 11.2% above its 50 EMA
* Consider selling into strength if the price closes 11.0% to 11.4% (or higher) above its 50 EMA
* The last closing price is 1.15% away from its 50 EMA