Nearest Resistance: $25
Nearest Support: $22Catalyst: Earnings Things aren't so simple for shares of Kronos Worldwide (KRO), a mid-cap firm that manufactures titanium dioxide pigments that are used to color everything from paint to food. Kronos announced earnings of 74 cents per share for the quarter, more than doubling last year's fourth-quarter performance. But investors didn't quite know how to react, bidding shares higher only to turn around and sell off. While today's price action is a bit more than most, Kronos has been forming a rounding bottom for the last few months, a setup that broke out above then-resistance at $22 before consolidating above that level more recently. With shares still squarely above that newfound $22 support level, a push through $25 resistance looks more palatable for market participants. I'd recommend waiting for that to happen before taking a position in KRO. Kronos shows up on a list of 10 Dividend Stocks to Keep You Safe Into 2012. Follow @stockpickr
Select the service that is right for you!COMPARE ALL SERVICES
Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
- Weekly roundups
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Upgrade/downgrade alerts
Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.
- Diversified model portfolio of dividend stocks
- Alerts when market news affect the portfolio
- Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.
- Real Money + Doug Kass + 15 more Wall Street Pros
- Intraday commentary & news
- Ultra-actionable trading ideas
Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.
- 100+ monthly options trading ideas
- Actionable options commentary & news
- Real-time trading community
- Options TV