The PEAD projected a Bearish outlook for $EMN after a Negative Under reaction following its earnings release placing the stock in drift D with an expected accuracy of 40%.
Massive c&h forming waiting to pierce through consolidation to play for all time highs
cup and handle ..we have uptrend channel stoploss under 200ma.macd helps
EMN daily and hourly showing a breakout.
78 Breakout and retest is a bullish signal. Targets of 84 & 95 looming.
Starting to look at some industrial names. Like this above the box and especially above the weekly. Stop below box.
Hey my friends, EASTMAN CHEMICAL CO is in a bullish continuity with a large volume of purchase. On MULTI TIMEFRAME we also notice a desperate attempt by sellers on their shadows. big possibility of breaking out the consolidation zone and can be filled in the bullish gap. If the sellers let rise artificially the title. Please LIKE & FOLLOW, thank you!
Considered a value stock. Prior yearly high is 83.09 with a 20 year high of 112.45 No rising wedges noted. NV is high. Large Effective volume with a pocket pivot on Friday I see closest S at 76.5ish No rising wedges noted Not a recommendation Eastman Chemical Company operates as an advanced materials and specialty additives company worldwide. The company's...
Watch EMN next week. The stock held up extremely well with the broad market selling off. Higher prices might be in the works next week.
I expect that price will go down fast. Stop is as low, as possible
Stock EMN seasonality starts to Buy date on February 3 and ends Sell date on April 23 Percent Profitable is 78.95% in 19 years and an average return of 9.16% per year
After five waves usually followed by three. Note the false head and shoulders.
I posted this chart a week ago in the hope that the end of the fifth wave will coincide with the quarterly report.