Agreed on most of that, apart from the low 50's. The hype is gone, and the big boys are accumulating in low 60's at this point in time, It looks to me that this will bounce back. Morningstar value $0.834 given the price and market action. If you look at the yearly graph its had 3 huge nice spikes and dips.
1st - goes to 30c then dips to 20c
2nd - goes to 60c then dips 40c
3rd goes to 85c dip - 62c (still being consolidated)
It looks like the support lines have been gradually consolidating 20c higher.
If this does go below the 60c and into the low 50's I will be going harder into this.
What's your opinion on the above graph analysis even with the EV market hit, still seems to be following
EMN Price at posting:
64.0¢ Sentiment: Buy Disclosure: Held
