HUN - On Monday the 5th

[Aonaldflath]

I plan on buying in for a week or two depending how it goes, what are everyone thoughts on this? I think the chart looks bullish..

[apifxonm85]

No expert but honestly I dunno what you are looking at when you see something bullish in that chart.

http://stockcharts.com/h-sc/ui?s=HUN&p=D&yr=0&mn=6&dy=0&id=p66864304114

Barely turning on the MACD side, no volume, oversold, flat lined and could go back deep sea diving just as easily as this Santa Rally will end.

[aqokiyeusare]

This end honestly - I would run away and not touch this with a ten foot pole, even if it happened to be someone else's pole !

Not until it cracks its 20 Days MA at minimum would I consider it - $4.25 ish...

Let see if other have a different opinion and a bullish one but I highly doubt it.

[ASaulalsealexy]

It dropped massively on a failed buyout, but they still got 1 billion out of it in a lawsuit against Hexion Specialty Chemicals.. Also a hedge fund that owned 18 million shares was shutdown so that contributed to the sharp declined. It has been trading sideways ever since.

1. Oversold
2. Had a few days of strong Accumulation
3. It is at support

[AShawnTreax]

Also, it appears there is a small positive divergence, maybe I'm just seeing things. I would like to add thanks for your input! I'm still learning, but this looks to me like a 90% chance of a good profit.