TradingView
Garry_MyT
Mar 1, 2017 1:47 PM

ALB Long

Albemarle CorporationNYSE

Description

The best view about the long-term picture can tell us the monthly chart. As you can see from mid-2011 to mid-2016 the stock was in the long Range. Broken Range activated further stock growth. Consolidation after the breaking gives us a good signal to buy this stock in the medium and long term trading. Despite the relatively high risk in 10 points, the stock is able to make a profit of at least 20 points. Unless, of course, another factors will take effect
More