In on this one as well, options downward trend
Generally a good spot for TSI RSI, should work its way back towards last high
These large Chemical Industry companies have also been singing their siren song for over a year (at least from the beginning of 2018), as they did prior to 2015, and in early 2007: Nasdaq 100 vs. DD, LYB, EMN, ALB, HUN
An upward trend, which used to be a prevailing one is close to a revearsal. To prove this idea we use Chaikin Oscillator. It proves that the tendency is one step from a turn. The previous pick on the oscillator graph compared with the curent one used to be higher while the previous pick on the main graph is lower at the same time. Moreover, the fall of two recent...
DD has recently broken out, and seems to be in the process of it's own 3rd wave movement upwards. According to GuruFocus, the latest major guru trades have been buys with no sells. So the stock likely has some further upside potential thanks to the large shareholdings by certain major investors other than insiders. This would give further credence to the notion...
$DD is arriving at the end of an important triangle delimited by its major resistance (in red) and its major support. The break of the resistance or the support will occur soon and will be follow by a strong bullish or strong bearish phase. RSI is for the moment more in favor of a break of the resistance followed by a bullish phase.