optimizedtrading

📈BULLISH EMN

Long
BATS:EMN   Eastman Chemical Company
Hey guys,

As we can clearly see there is many reasons why there is a high probability of EMN continuing the bullish move to the up side. We have the following indicators:

1. Nice clear larger degree impulse
2. Deep corrective ABC to 61.8% retracement
3. Lower degree impulse breaking out of larger degree trend line
4. Flag formation and broke out to up side
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.