Chart of the Day: Chemours (CC)

by Christian Tharp, CMT

Shares of Chemours Co. (CC) have been climbing higher since hitting their 52-week low on April 3rd.  The stock is now just about 10% away from a resistance level that was formed more than 5 months ago…

 

Chemours Co. (CC) is a global provider of chemicals. The company delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets. CC has seen strong demand for its Opteon platform in mobile applications and will likely see continued growth for its Titanium Technologies unit that makes TiO2 pigment.

Take a look at the 1-year chart of CC below with added notations…

See chart and continue reading at STOCKNEWS.com

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Good luck!

Christian Tharp, CMT

www.todaysbigstock.com 

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