08Jan1:49 pmEST

Rock Salt Jayhawk for a Defensive Winter

KU-Kentucky_1989_jordan_t650 While natural gas seems be on everyone's mind regarding the spell of cold weather this winter, CMP is the maker of rock salt, another likely beneficiary of the wintry mix (rock salt is used for removal of ice from roads). On the weekly chart, below, note the very long basing pattern as the stock shows impressive buying. A move over $92, the $98 are the triggers of note. Earnings are scheduled for February 9th. CMP

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