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GreenLightinvestor
May 6, 2017 2:25 PM

Long Setup on ALB - Look for consolidation and entry around 107. Long

Albemarle CorporationNYSE

Description

Looking for an entry setup around 107. Choppiness indicates a consolidation may be underway...possibly to 107. Look for support at 107 and an entry setup if this level is held. If the Choppiness indicator moves back above 62, this, along with the price action, may confirm the start of a new trend higher. Looking at a 21 day window for this setup to trigger. Updates to follow. Prior to making a trade, be certain this trade meets your personal risk profile.
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