$ALB Looks to have started a new uptrend with a series of Higher Lows and Higher Highs. It looks to be right at a short-term resistance level. I have an alert just above today’s high which is also in the resistance area. If it can get over and close above 226 – 227 area, I will be looking to go long with a target area around 247. See markups on chart. This may be...
The PEAD projected a Bullish outlook for $ALB after a Positive over reaction following its earnings release placing the stock in drift B with an expected accuracy of 50%.
ALB is within a strong upward channel on the Weekly chart right now it is testing the upper band A rejection may follow as has been seen in the past, leaving price to return to the 200MA in white Price is still within a strong upward channel and should be treated bullishly
ALB lower high on bigger timeframes and looking bearish on smaller ones as well. we can target 244-229-215 in the next few weeks or so
ALB Made New 6 Months Highs Clean Text Book Base Breakout 5 Month Long Base Heavy Volume coming in last 2 days Price now trading above 200 DMA Previous All Time Highs at 291.48, keep an eye on this level Institutional Ownership: 84% Institutional Transaction Last 3 Months: 3% Measured Target: 325
ALB big gap up before ER has me suspect... also technically it looks like FEB price action is still in a downward channel, and now there is a juicy gap below :) I like the R/R on a short before ER's move. Small size, picked up a few puts. Can also do bear spreads for less risk exposure.
#$ALB At last yesterday broke the right shoulder high. And closed above too. Today i will start a small position hopefully or on Monday depending on open today.
Check my post on $ALB from last week. This gotten better with the action last week. Very nice head and shoulders bottom base on this one.
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $27.636B Current Price: $235.98 Breakout price: $243.05 Buy Zone (Top/Bottom Range): $231.20-$210.80 Price Target: $263.40-$265.50 (1st), $288.00-$291.50 (2nd) Estimated Duration to Target: 86-90d (1st), 159-166d (2nd) Contract of Interest: $ALB 9/16/22...
$ALB looking like its rounding up the right side of its base while the market is making new lows. Characteristics of TMLs. Starting to look like a head and shoulders bottom. Just need to tighten up below that supply line. Worthy of your watchlist.
Today, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD. Illustration 1.01 Albemarle opened up almost 7%. Technical analysis...
Long ALB at $203.75. Bought some ALB shares when i opened up the chart today and saw it corrected down around 17%. Kind of knee-jerk reaction. I'm down after close today. Looking for a bounce at open or will ditch the play.
Albemarle Corporation is a fine chemical manufacturing company based in Charlotte, North Carolina. It operates 3 divisions: lithium, bromine specialties and catalysts LOOKs like a good buy just follow the signs
If price touches 220 again with rejection, this could be a starting point for another rally to the upside N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
Watch for downward cross of moving averages, price finds support at the bottom of the channel and continues to rise from there. Company is experiencing short term weakness along with broad sectors of the US Economy. Market has been falling on news of new variant. General skittishness paired with portfolios rebalancing for 2021 year end make for extra selling...