Albemarle could be printing an Inverse Head & Shoulder pattern as seen on the Chart.
While this is early, positive trend signals that it might complete this formation.
As we know, this pattern is a Bullish signal for more possible Upside to come.
Smash the Rocket Boost Button should you appreciate my Chart Study.
Regards Graham.
While this is early, positive trend signals that it might complete this formation.
As we know, this pattern is a Bullish signal for more possible Upside to come.
Smash the Rocket Boost Button should you appreciate my Chart Study.
Regards Graham.
Comment:
OOPS Kwadoonk.
Comment:
Study is still in play. Will have to wait and see.
Comment:
RHS did not complete, hence the WAIT note.
Comment:
This is a Classic Bull Trap Signal that fools buyers when on the LONGER Time frame the main TREND is Down. Always use a multi time frame study!
I.E 3M 1M 1W etc. Also depends on your strategy of Long Medium Short etc.
I.E 3M 1M 1W etc. Also depends on your strategy of Long Medium Short etc.
Comment:
Nice recovery seen in Lithium, was possibly oversold.
Never recommended is to buy into down trending stocks, but I strategically waited to find the Trend Reversal signal to Top up and now up.
Never recommended is to buy into down trending stocks, but I strategically waited to find the Trend Reversal signal to Top up and now up.
Comment:
Now in Gain Area. An Example of do not destroy Capital.
So important. A few months Patience was required.
So important. A few months Patience was required.