Technical analysis update: ALB (27th May 2021)
Updated
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 serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
Disclaimer: This analysis is not intended to encourage buying or selling of any particular securities. Furthermore, it should not serve as basis for taking any trade action by individual investor. Your own due dilligence is highly advised before entering trade.
Trade active
ALB is currently shy 4 USD of our short term price target. There is high chance 180 USD will be reached within following days.Trade closed: stop reached
Price retraced back towards stop loss.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.