# Sitting on a Cash Pile 14.0? Paints, Coatings and Plastics Seeing Growing Demand

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Last modified: 2021-05-21

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By Paul Ebeling · 2021-05-21
Tags: Shayne Heffernan on Investments, buy, cash, support, Bullish, reistance, Paul Ebeling, Todays Trade Ideas, TROX
Signed: no (published before platform launch).
Nothing in this article is investment advice.

#cash #bullish #buy

[$TROX](https://finance.yahoo.com/quote/TROX?p=TROX&.tsrc=fin-srch)

Tronox Holdings PLC ([NASDAQ: TROX](https://247wallst.com/companies/trox/)) broke out on 1 April at 19.32 and confirmed on 20 May at 22.53. Thus, garnering an LTN Cash Pile buy recommendation with a 1yr price target of 35/share. The the consensus target is at 25.83.

The stock is trading at 22.64 within it 52 wk trading range of 6.15 - 23.86

The Key support is at 22.48 and the resistance through 24.67 is light, all of our Key technical indicators are flashing Very Bullish long term.

![](https://livetradingnews-media.nyc3.digitaloceanspaces.com/wp/placeholder.svg)

Tronox Holdings plc operates as a vertically integrated manufacturer of TiO2 pigment in North America, South and Central America, Europe, the Middle East, Africa, and the Asia Pacific. 

The company operates titanium-bearing mineral sand mines, and beneficiation and smelting operations. 

ts products include TiO2, zircon, and pig iron, as well as feedstock and other products comprising rutile prime, ilmenite, chloride slag, and other mining products. 

The company's products are used for the manufacture of paints, coatings, plastics, and paper, as well as various other applications. 

Tronox Holdings plc is HQ'd in Stamford, Connecticut.

Have a healthy day, Keep the Faith!

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