Trade ideas
Long Setup on ALB - Look for consolidation and entry around 107.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.
ALBThe best view about the long-term picture can tell us the monthly chart. As you can see from mid-2011 to mid-2016 the stock was in the long Range. Broken Range activated further stock growth. Consolidation after the breaking gives us a good signal to buy this stock in the medium and long term trading. Despite the relatively high risk in 10 points, the stock is able to make a profit of at least 20 points. Unless, of course, another factors will take effect











