Stock Radar: This speciality chemical stock bounces back from key support; eyes fresh 52-week highs

The specialty chemical stock faced strong resistance around the 600 level in May 2020 and again in August 2020. However, after breaking through this level, it became a key support. The stock found support in March 2021, January 2024, and June 2024 on the weekly charts. Following the momentum, it held above the 216-week long-term moving average on the weekly charts.