Albemarle Corporation
Short

ALB Daily

411
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 lines) if it fails to bounce off the prior pivot....

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