Olin Corporation
Long

Pre-Market Update: OLN

12
OLIN bounced off of the $22.98 after breaking/retesting Downward Trend Support Levels that have been support since Sept 2024. We are looking for a Top-Level Resistance breakout back to the $28 - $ 30s for a decent 20-30% in the Trade. If not, back to the 50% Retracement around the $36.26 over a longer timeframe if the company can reverse the recent stock pullbacks. Analysts have a $33 Price Target on this as well so potential for a quick breakout play here.

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