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.
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.
$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.
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.
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
$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%.
