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RyanKasper
Aug 11, 2021 6:42 PM

TROX idea after good earnings- disclaimer: amateur swing trader 

Tronox Holdings plcNYSE

Description

TROX seems to be bouncing off the 200MA. Just came off good earnings and an increased dividend. Seems to have strong fundamentals. Targets set for previous high, and 127 and 168 fib extension levels (which are also previous levels of resistance).
Target 3 = 30.50 RR: 1.66
Target 2 = 27.30 RR: 2.37
Target 1 = 24.51 RR: 3.13
Close below $15 and I'd get out.

Let me know your thoughts on this analysis as I'm still learning and appreciate the feedback.

Comment

Target 1 hit Sep 13th
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