*This is not financial advice, so trade at your own risks*
*My team digs deep and finds stocks that are expected to perform well based off multiple confluences*
*Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management*
My team has been diving into the soda ash industry recently due to a recent data report which detailed an increasing demand for sodium carbonate. During our research we stumbled across CINR. CINR is engaged in the production and sales of soda ash. CINR has a facility located in Green River, Wyoming where the compound is resourced.
After correcting from its 52-week high of $14.76 CINR currently sits just .19 cents below at 14.57.
My team entered CINR this morning when it dipped down to $14.28.
This is a long-term trade, but we have set our first take profit at $18.28.