jhains2
Long

HUN Moving to New Highs; Classic Chart Elements

NYSE:HUN   HUNTSMAN CORP
HUN
11 0 2
hun
Previously, I noted that HUN appeared to be forming a "reverse Head & Shoulders" pattern, with a neckline just below $16.50.

The stock proceeded to break out above that neckline, supported by improving fundamentals in the company's Titanium Dioxide business.

After a classic post-breakout pullback to the up-sloping trendline in September, and another nearly two months of further consolidation and base-building near the neckline, the shares last week broke out into new high territory and appear to have put in place a very clear uptrend (as they would say in Edwards & Magee) "of unknown scope and duration"
United States
United Kingdom
India
Deutschland
France
España
Italia
Polska
Türkiye
Россия
Brasil
Indonesia
Malaysia
Việt Nam
日本
한국
简体
繁體
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Priority Support Contact Support Ideas Published Followers Following Private Messages Chat Sign Out