Get Stock Quote Here Cabot Corporation (CBT) is a specialty chemicals and performance materials company headquartered in Boston, Massachusetts, USA. The company operates in over 20 countries with 36 manufacturing plants, eight research and development facilities and 28 sales offices."
I haven't a clue how CBT has not been on my watch list this year. What a fine, dividend-pumping trader it's been 1st half 2019. Although I see, too, that options are thinly traded with wide spreads, so not so easy to hedge positions. But still, I could see starting an accumulation campaign on the next swing down. Thanks for putting this one out there!
No problem, I've got an alert when it gets down to $42. If the breakout continues though, that trading range might not hold. That triple-tested support at $40 should be difficult to lose though.
Just jumped in at $39.79. It's partially a gamble because it could very easily lose support reporting earnings after the close today.
Just closed my position in CBT for ~0.6% gain at $40.043. Very small game, trade wasn't what I expected so to not lose is a big win. Yay optimism.
