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CreatingFutureWealth

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

Long
Cabot Corporation (NYSE:CBT)  
CreatingFutureWealth Updated   
NYSE:CBT   Cabot Corporation
Chart Patterns Technical Indicators Trend Analysis
0
1
chartpattern indicator trendanalysis
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.
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