Chemours Company (The)
Short
Updated

CC has a long way down, when it decides to go

105
One of 2016/2017 top gainers. Looks like 5 wave near completed.
Possible ascending diagonal wave 5. Bearish RSI as well.

If a correction does happen, this would be a great short.
Note
Heres what I see as the possible wave 5
snapshot
Trade active
Its broke the wedge, and here is my target zone if we continue down
snapshot

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.