Company Description:
Element Solutions Inc produces and sells specialty chemical products the United States, China, and internationally. The company operates in two segments, Electronics and Industrial & Specialty.
Technically Speaking:
After a Prolonged rally from Mid March till Mid June, the stock entered a consolidation area (highlighted in gray), that has been broken recently( green arrow). Minimum price objective stands at 13.60$ (width of the consolidation area projected from breakout point), maximum target is 17.10$.
Element Solutions Inc produces and sells specialty chemical products the United States, China, and internationally. The company operates in two segments, Electronics and Industrial & Specialty.
Technically Speaking:
After a Prolonged rally from Mid March till Mid June, the stock entered a consolidation area (highlighted in gray), that has been broken recently( green arrow). Minimum price objective stands at 13.60$ (width of the consolidation area projected from breakout point), maximum target is 17.10$.
Kommentera:
Stop Loss 10% from entry price
Trade stängt: målet nått