CreatingFutureWealth
Long

CBT Hits Long-Term Trendline Not Touched Since 2015, 15% upside

NYSE:CBT   CABOT CORP
This graphene maker has the potential for a 15% upside to the nearest resistance point as a minimum after touching it's long-term uptrend support last touched in 2015. Currently it has a 3.3% dividend yield and could surpass first resistance in the long-term.
Trade closed: target reached: Profit took at $48. Will wait for reentry after next support touch.
$CBT has performed well and continues to climb towards a resistance level of $48 which is currently 7.4% away.
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