maj1234

ALB: Albamarle Cup and Handle Pattern

Long
NYSE:ALB   Albemarle Corporation
Albamarle seems to have formed a cup and handle pattern. Trading with a target of $147.43 upon break of $137.75. Both the RSI and MACD are stretched so I am suspecting that the move towards the target will be at a gradual pace I am keeping a tight stop at 133.90.
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