7 Month long ascending triangle Volume picking up Decent uptrend Earnings coming up Pays out dividend as well
ALB broke out of its triangle pattern. It prierced above upper bound which is bullish sign. RSI, MACD and Stochastics are also bullish. Our short term price target is 180 USD per share. Our medium price target is 200 USD per share. Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not...
Albemarle is the industry leader in lithium and lithium derivatives, one of the highest growth markets in the specialty chemicals industry. Our unique natural resource position, derivatization capabilities, and technology leadership allow Albemarle to execute an aggressive growth strategy for this business.
Monthly Strong Uptrend Weekly Uptrend Daily Too loate to open long. Then wait for strong correction - pullback. Open 105 TP 138 SL 90
With Lithium producers steadily climbing I bought ALB this morning. Price is above the supporting MAs and moving higher. Should reach new highs over $100. I bought LAC months ago and LTHM last week. Lithium for electric car batteries.
As production slows, and new projects are extended out to 2021 and 2022, is now the time to go long lithium?
Any comment , advice insight would be helpful to help me get better, came to the conclusion that the current support that was reach would not be breached and that the action would consolidate on his rise to the previous top still holding , macd looks good with the recent cross RSi shows good sign of a positive growth pattern?
Lithium ETF LIT, much like the rest of the market has been hit significantly due to the coronavirus. BUT relative to the S&P 500,it appears to be holding up just fine.
From Insider Monkey :Albemarle Corporation (NYSE:ALB) has seen an increase in hedge fund sentiment recently. ALB was in 23 hedge funds' portfolios at the end of the fourth quarter of 2019. There were 18 hedge funds in our database with ALB holdings at the end of the previous quarter. Our calculations also showed that ALB isn't among the 30 most popular stocks...
Have a great day!
target $95 and up, extremely robust business, strong history, continual innovation into new markets - namely Lithium downside risk is broader market selloff, which can move price to $60 and under
Wait for entry around 58-60, but longing on spot right now isn't a terrible entry either target will be $100
SELL signal at 66.32$. Albemarle Corporation (ALB) is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world. If you want to see more history of this...
These large Chemical Industry companies have also been singing their siren song for over a year (at least from the beginning of 2018), as they did prior to 2015, and in early 2007: Nasdaq 100 vs. DD, LYB, EMN, ALB, HUN