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matt_forex

Building Momentum

Long
Albemarle Corporation (NYSE:ALB)  
matt_forex  
NYSE:ALB   Albemarle Corporation
Fundamental Analysis technical_analysis Trend Lines Volume Indicator Fibonacci
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fundamental technical_analysis trendline volume fibonacci
Volume is building, and a bullish engulfing candle was formed, which pushed through resistance. The next test will be the .382 fib area @ 65.18 which has been choppy. See noted on the chart.

I am looking to purchase calls, this stocks PE ratio is below the sectors average.
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