Aug. 14 at 11:43 PM
$ESI macro bull flag coiling at
$35.00 volume shelf 🔻 Healthy consolidation after an explosive run to
$46.00 highs! 📊
Element Solutions (
$ESI).
$9B specialty chemicals titan powering AI semiconductor packaging & EV electronics 🧪 Record
$978M quarterly revenue (+56% YoY) + raised EBITDA guidance built this setup ⚡️
$38.50 key pivot line is the confirmation trigger.
🐂 Reclaiming
$38.50 =
$42.00 then
$46.00 in play. High-margin specialty leaders coiling at structural support don't stay compressed long once volume returns 🚀
🐻 Losing
$34.50 =
$30.00 retest next. Deep market pullbacks could test lower baseline support if cyclical pressure builds 📉
⚠️ Bull Flag. Record Q2.
$38.50 is the line 🎯
Lean: BULL — Prime risk-to-reward continuation setup. Follow-through needed 🔥
#ESI #ElementSolutions #OptionsFlow #TechnicalAnalysis #hovdid
