See you at 90!What we see is a Symmetrical triangle, which can continue or reverse the price trend. So be aware of; 1# the support at 60$, if it breaks, likely scenario is we continue the trend towards 40. 2# RSI, showing a bullish divergence. But needs to break through 50 to be confirmed. 3# Breakout, wait for it to happen and go long on the retest. Enter to early and you could get trapped. News; # Multiple Downgrades through November. # Price has been falling because of oversupply, more than the EV market could handle # CEO of Albermarle is positive and expects robust long-term demand for the electric vehicle battery mineral. # Q3 more insider selling than buying # Q3 and Q4 has more institutional buying than selling, inst.ownership is 92% Relevant; # Earnings February 19th 2020 # Consensus Analyst price target is $78.73Longby UnknownUnicorn2034381115
Will this trend continue?Buy anywhere between $60-70, SL below $50, TP $90-110-140.Longby Heist_FlyZ2
Long beetween $64 and $67 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 underLongby BeerdHead4
LONG ALBExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.Longby jerryas3
Lithium Dividend in America!Wait for entry around 58-60, but longing on spot right now isn't a terrible entry either target will be $100Longby noam_chom2
Downtrend - Sell-Short for nowmonthly trend is down; the daily trend uptrend in correction wait for bearish reversal on the daily chart in the sell-short zone Educationby usstockadvisor3
ALB SELL 05.10.2019SELL signal at 66.32$. 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 strategy, I will able to show you if you request me. __________________________________________________________________________ You can use the signals independently or like indicator of trends together with other indicators in your trading strategy. Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies. You use these signals inside your strategies at your own risk. The chart shows the last trades on the product + the last signal. I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile. Therefore, subscribe and watch for that profile. The signals rare but useful.by price_and_time7
Albemarle - a good opportunityDear Neighbours, Lets have a look at Albemarle NYSE:ALB . Albemarle NYSE:ALB develops, manufactures, and markets engineered specialty chemicals worldwide. Technically it bounced perfectly at FIBO 86 and continues to rise from there. The company pays a good dividend and also increases the dividend since 25 years. Currently the Lithium expansion weights on the company, but i think its already priced in. Dividend currently 2.1 % Dividend 25 year growth history good payout ratio 1 year dividend growth 27 %Longby MH77114
cup and handle formedLooking for confirmation with volume and break of consolidationLongby michael13372
Three Percent Trade Idea: ALBHere is a great opportunity to pick up ALB . At Three Percent Trades we have a price target of $95.00 / share, which is a potential upside of 39.13%. We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.Longby ThreePercentTrades5
ALB BUY 03.09.2019BUY signal at 61.73 Albemarle Corporation 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 strategy, I will able to show you if you request me. __________________________________________________________________________ You can use the signals independently or like indicator of trends together with other indicators in your trading strategy. Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies. You use these signals inside your strategies at your own risk. The chart shows the last trades on the product + the last signal. Longby price_and_timeUpdated 10
Nice Falling Wedge on AlbemarleBarring any bearish news or a larger market crash, we should be looking good for a breakout soon.Longby kdenery114
Buying on SupportUndervalued using Divi Yield Theory by 38%. Currently 5 Star stock from M*. Buying on support for a long lasting dividend stock, it is not a high dividend bu it has increased for 19 consecutive years and 6.42% growth rate last 5. Still in downtrend but has already bounced off demand line once. Perfect time to start accumulation. Longby Jrussell861
Another bottom picking opportunity with AlbemarleThe company with very strong fundamentals simplywall.st Trading at more than 50% discount to estimated cashflow. This company also can be an investment opportunity. There is a possibility of downside as I described on M chart. In this case, I will buy the stock again after being stopped out. I am comfortable with risking 0.3% of capital on this trade. Stock exposure is 2.6% and if successful I will make 30-35% capital return on this stock in one year. If the stock declines further the probability for bottoming out in the next few years increases. Longby Fomenka114
Price Action Reflects Favorable Fundamentals Of Albemarle Bottoming price pattern indicates bearishness has ended. The bullish Pivot Stack shows an upward bias. A new Monthly Pivot Range provides a higher price level of support. In addition to the positive fundamental news that has come out recently on Albermarle, the price shows convincing evidence that the bottom is in for the time being. The bounce off the June 3rd low of 63.10, shows the price exhaustion from sellers gave way to an opportunity for value seekers to step in. A classic 1-2-3 setup is in place for a rally from here. Off the June 3rd price bounce a strong push to the swing high of 73.94 on June 12, gives us a clear indication of the coming setup. Next, comes the June 21 retracement level to 67.25 and subsequent mixed to higher price action. What provides further technical evidence that the price will hold support is the bullish bias of the Pivot Stack. This new term in the technical realm is not yet known, but allow me to share. The Pivot Stack is made up of 3 pivot ranges, the Daily, Weekly and Monthly. When they converge on one side of the price bar and compress to a narrow range, this is called the Pivot Stack which shows on July 1 (see chart). Using multiple pivot ranges in combination, helps us to identify significant support and resistance and the directional bias of the stock. At the beginning of a new period, Daily, Weekly and Monthly, the new corresponding pivot range will display on the chart. In this case, on July 1, we see the new Monthly Pivot (black circles) displaying at a higher level than the previous month, overlayed with the Daily Pivot Range (magenta/blue circles) and the Weekly Pivot Range (red/orange circles). The timing of the Monthly Pivot Range (black/dark green circles) is the real impetus to the Pivot Stack coming into completion. The importance of the higher long term support of the Monthly Pivot, merging with the Daily and Weekly Pivots confirms the Pivot Stack. With the Pivot Stack setup, the current bias is bullish and the probability of a renewed upward move is significant enough to take action. The tightly compressed series of pivot ranges is the ideal time to go long ALB, confirmed with favorable value and fundamentals in place. Longby chris333113
ALB 1W Reversal at 23.60% Fibonacci Retracement ALB has been downtrending over the past 2 months and currently appears to be reversing at the 23.60% Fibonacci Retracement. Additional confirmation from Spectro M's Scalp setting reversal tool, as seen in the shaded vertical band, Spectro's X Confirmation, and Spectro O using symetric weight and Murrey. The price reversing at the bottom of the Murrey Spectrum alludes to potential for a nice run. In addition, if viewing the 1D chart, a Sectro Alpha indicator appeared 2 candles ago with Spectro M's Volatility tool. When I looked at volume using Spectro O and Murrey, it indicates volume pointing downward still at the bottom of the murrey range. My read on this, is the potential for further correction to a full Fibonacci retracement exists. If entering now, I would utilize a tight stop in the case of a full retracement. Analysis by AlchemistLA Note: I am a Hypester team member and a novice currently learning TA. Any suggestions and/or corrections of my analysis are encouraged. Thank you for helping me in my journey through your feedback. by hypester_trading2
ALB Gap Fill on Earnings?ALB gapped down today, went long on earnings since they usually beat. Only 100 shares for kicks and giggles.Longby hungry_hippoUpdated 1