In today’s Super Seasonals: Trade of the Week we will look at Eastman Chemical Co (EMN).
Eastman Chemical Company is an American company primarily involved in the chemical industry. Once a subsidiary of Kodak, today it is an independent global specialty materials company that produces a broad range of advanced materials, chemicals and fibers for everyday purposes.
Below is a look at the seasonal patterns uncovered since 1993…
Eastman Chemical has recently filled a gap on a weekly chart. That might serve as a good level of buyer support…
Below is a look at the past 5-10 years…
Below is a look at a Cumulative Chart backtest of the past 10 years average price change %…
As you likely know, there are literally dozens of solid ways to approach trading Eastman Chemical Co (EMN) with a bullish bias.
The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties.
Please remember to fully understand the risk before trading anything.
It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals.
Trade Smart,
Chad Shirley
