Price near the resistance will it able to break it ?Price near the resistance will it able to break it ?
TROX
TROX: I see potential. Take a look and process your way.The action since 2017 could be seen as a cup with handle pattern. The action since 2012 looks like a large "W" pattern. There is overhead resistance. I think intermediate term 34-35 is possible. Up about 13% so far today.
Process you r way.
From Zack: " Tronox Holdings plc is a vertically integrated mining and inorganic chemical business. The company mines and processes titanium ore, zircon and other minerals and manufactures titanium dioxide pigments to paints, plastics, paper and other everyday products. It operates primarily in South Africa, Australia, United States, the Netherlands and Australia. Tronox Holdings plc, formerly known as Tronox Limited, is based in London, United Kingdom."
Long position for $TROXPMI (ISM) still showing growth for chemical products with an extended outlook of 2-6 month time frame. VIX still below year avg. Ideal time to load and take positions.
$TROX Buy PossibilityWeekly/Daily 61.8% Fibonacci Retracement
Daily demand zone
HUGE gap to fill in the first Q of 2018
