Pre-Market Update: OLN
OLIN bounced off of the $22.98 after breaking/retesting Downward Trend Support Levels that have been support since Sept 2024. We are looking for a Top-Level Resistance breakout back to the $28 - $ 30s for a decent 20-30% in the Trade. If not, back to the 50% Retracement around the $36.26 over a longer timeframe if the company can reverse the recent stock pullbacks. Analysts have a $33 Price Target on this as well so potential for a quick breakout play here.
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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.