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dgtrader1981
Mar 20, 2023 10:54 PM

ALB Relative Performance at the Juncture of Breaking down/out 

ALB/SPYNYSE

Description

ALB cheap @ 9x FPE but technical is poor relative to #SPY, #IWF #XLB. This week is critical could break relative uptrend to all 3 ETFs. Though daily RSI could bounce weekly still in downtrend, bounce will be retested. Next Support @ 186. MS' PT 155 siting oversupply of Lithium.
Comments
alainroumi
Great Analysis. Keep the good work
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