DCW - Caustic Soda Play
Another one of those commodity chemical players who could benefit from the price rise in commodity chemicals.
The stock could breakout of its downtrend and diagonal trendline resistance.
Long above 45.55. Stoploss below 43.50.
I would double my allocation above 48 if and when the AVWAP of this entire downmove can be taken out. (Previous resistance)
The stock could breakout of its downtrend and diagonal trendline resistance.
Long above 45.55. Stoploss below 43.50.
I would double my allocation above 48 if and when the AVWAP of this entire downmove can be taken out. (Previous resistance)
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