OLN Broke the 100ma on Thursday on high volume which sets up a move to test the 200ma. RSI Bullish with room to run MACD crossed above Zero-line
Olin Corp. engages in manufacturing of chemicals products. It operates through the following segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene chloride, chloroform, carbon...
Stock bounced off this support 7 times LOL. This is a very easy play and should be held for no more than one week as this stock is like a falling knife. As we can see MACD momentum is currently ramping to the negative and so is squeeze momentum su we can even get a potential big dip coming, or just a bounce of the support.
average ANALYSTS PRICE TARGET $17 Olin Corp. engages in manufacturing of chemicals products. It operates through the following segments: Chlor Alkali Products and Vinyls, Epoxy, and Winchester. The Chlor Alkali Products and Vinyls segment manufactures and sells chlorine and caustic soda, ethylene dichloride and vinyl chloride monomer, methyl chloride, methylene...
Note: Stock trading requires a personalized trading strategy: *A method that specifies the type and amount of patience *A method that will notify you of entry and exit points based on the specified rules *Your customized psychology plan *Risk management program based on your...
Extremely low-risk area for long positions, first profit taking area is at $24, then $29
An intraday high potential, Back Tested Long Analysis. We ll try to enter into the correction of the uptrend movement. DETAILS ON THE CHART NOTE: Entry range area above the entry point, is calculated upon 80% of the recorded pullback back tested past performances DISCLAIMER: This is a technical analysis study, not an advice or recommendation to invest money on.
This is part two of the OLN chart presented two days ago. As a disclosure I am long OLN. CIRCLE THE WAGONS and use Fibonacci cycles in conjunction with your indicators. Let's review Don's TRADE-MAP approach: TRADE = 1. T : Time and space (Fractals); 2. R : Repeating Cycles; 3. A : Advancing Trend; 4. D : Declining Trend; 5. E : Energy in Phase Forces. .....MAP =...
There was a sharp down-trend in OLN from December 7th, 2015 to the market bottom in mid February 2016. Look to the far right on the chart, around $18.00 (follow the large red arrows). You will note a yellowish line on top (lips), with black dots below (teeth), and a blue line (jaw) below the black dots. Now, all three are rising, correct? This is where I ask you...
Going bullish with an entry at 17.87 and a stop at 15.72. This Trade has a 3:1 Reward:Risk ratio. My stop is placed at a old support and belows the 50 EMA. I have no idea why this stock is down so much but according to a teamate of mine Mr. Brad "the Dad" Reed it has paid a dividend every quarter for 23 years! Buy this low, keep your stop in place and follow...
possible divergence on the STO looking for 2 areas of resistance