NYSE:ALB second test 200 EMA 2 months after falling below blue trend line support and show a bearish retest
okay so observing this chart on a 1 hour or two hour time frame if price action can continue to consolidate with the market its due for a reversal and it looks like its to the upside. Im looking for a price target of 220 and a stop loss of 10%. longterm this stock is a good hold profitable makes money and will be necessary for its lithium segment (ev). this...
Lithium... I almost was tempted to buy this on the selloff today, beat on earnings but short on revenue. Glad I held off. Huge bearish engulfing, and already extended over 150% off the high. WSJ announced after market today that ALB will be paying 218.5 million in a foreign bribery scheme. I don't see much support below (between the two purple horizontal...
Based on our team's research of the options market, we expect buy activity at the support level or sell activity at the resistance. We primarily consider levels to be activity zones, but not to be a super-fine level for establishing a limit order. Please, use them in combination with our own strategy, not in alone. We do the best research as we can to find new...
Albemarle Corp (ALB) is currently trading at $218.97. 388% Earnings Qtr to Qtr (YoY) Growth 128% Revenue Qtr to Qtr (YoY) Growth. ROIC 28% Qtr to Qtr (YoY) Currently trading above the 20EMA, making a pullback currently. I will buy this stock when theres a pocket pivot or daily missed pivot or breakout of most recent high structure.
New Bullish Alert on the daily chart. Waiting for my combo to be complete. Strong bearish trendline as last resistance.
There has been a lot of pressure on NYSE:ALB recently. We think it is a solid company, and that this provides an opportunity for a move up to the mid-200's.
We like Albemarle here for a move up to the mid-200's based on valuation and cash flow.
$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.
Albmerale adding this to watch list again play on material
Hello dear Traders, Here is my idea for #ALB Price closed below yellow line (previous month low) Price closed in 15 Minute chart below purple trigger line -> Enter Trade. Targets marked in the chart (green lines) Invalidation level marked with red line Good luck! ❤️Please feel free to ask any question in comments. I will try to answer all! Thank you. Please,...
Earning volatility last Thursday on $ALB causing 13%+ wide swing from potential breakout level. That also created the right shoulder of a head and shoulders continuation pattern. We can all agree though that today as TIGHT.
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $31.587B Current Price: $277.95 Breakout price: $297.50 Buy Zone (Top/Bottom Range): $275.50-$250.30 Price Target: $364.40-$369.30 (3rd) Estimated Duration to Target: 152-162d (3rd) Contract of Interest: $ALB 3/17/23 320c Trade price as of publish date:...
Hello dear Traders, Here is my idea for #ALB Daily close above the yellow trigger line (previous month high) to enter trade. We try to anticipate a 3-2-2 bullish reversal in the weekly chart - price found support at monthly pivot Line Momentum: Weekly UP, Monthly UP LIT ETF with IV30% Rank = 9% Targets marked in the chart (black lines) Invalidation level marked...
Alternate energy has shown relative strength since the Inflation Reduction Act took effect in August. Lithium provider Albemarle is a potential beneficiary. The first pattern on today’s chart is the trendline running along the highs of November and June. ALB ripped through that line three weeks ago before pulling back. It’s now attempting to bounce at the same...
Break out of the ascending parallel channel This channel top will now likely act as a support for price, as indicated by the double curve Weekly timeframe
Bearish Fundamental - Inflationary macro environment / fear sentiment - Funds Distribution - High PE - Decent PEG - Decent P/FCF - Strong Sector / Industry / Not Leader - Decent earnings - Decent fundamental Technical - Momentum Theory Indicator - H&S formation momentum - Price action formation ( rising wedge ) - Broke upward Trend line and retest...