Albemarle (ALB) stock has been decimated recently, but this presents a prime opportunity for savvy investors. If you, like me, believe in the future of lithium and electric vehicles, ALB is a stock you cannot afford to overlook. As a leading lithium producer, Albemarle is integral to the EV revolution. The stock is a key component in many ETFs focused on...
Albemarle Corp has been in an Elliott steep ABC correction all the way down from ATH 335 and might have bottomed at 106 forming a cypher like pattern with: AB = .5 of XA, C extended 1.18 of XA & CD retraced .798 of XC, while this is a minor deviation from a classic cypher .786 (due to a wild wick of a red candle on a day when they announced shareholder dilution)...
#Albemarle Corp. #Sociedad Quimica Y Minera de #Chile #Lithium Americas Corp #Global X #Lithium & #Battery Tech ETF In the midst of takeoff... the electric sector is gracefully spreading its wings. 🚀 #ElectricRevolution #SustainableFuture
NYSE:ALB NYSE:SQM NYSE:LAC AMEX:LIT In the midst of takeoff... the electric sector is gracefully spreading its wings. 🚀 #ElectricRevolution #SustainableFuture
Analyzing the options chain and the chart patterns of ALB Albemarle Corporation prior to the earnings report this week, I would consider purchasing the 110usd strike price Puts with an expiration date of 2024-2-16, for a premium of approximately $3.25. If these options prove to be profitable prior to the earnings release, I would sell at least half of...
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $31.587B Current Price: $277.95 Breakout price: $297.50 Buy Zone (Top/Bottom Range): $275.50-$250.30 Price Target: $364.40-$369.30 (3rd) Estimated Duration to Target: 152-162d (3rd) Contract of Interest: $ALB 3/17/23 320c Trade price as of publish date:...
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 is within a strong upward channel on the Weekly chart right now it is testing the upper band A rejection may follow as has been seen in the past, leaving price to return to the 200MA in white Price is still within a strong upward channel and should be treated bullishly
ALB big gap up before ER has me suspect... also technically it looks like FEB price action is still in a downward channel, and now there is a juicy gap below :) I like the R/R on a short before ER's move. Small size, picked up a few puts. Can also do bear spreads for less risk exposure.
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Market Capitalization: $27.636B Current Price: $235.98 Breakout price: $243.05 Buy Zone (Top/Bottom Range): $231.20-$210.80 Price Target: $263.40-$265.50 (1st), $288.00-$291.50 (2nd) Estimated Duration to Target: 86-90d (1st), 159-166d (2nd) Contract of Interest: $ALB 9/16/22...
Today, an opening gap appeared on the daily chart of Albemarle; as a result, this offers an opportunity for a simple trade setup. We are currently bearish on Albemarle and expect a complete retracement of the opening gap. Therefore, we would like to set a price target for Alb at 198.44 USD. Illustration 1.01 Albemarle opened up almost 7%. Technical analysis...
Last week I suggested shorting Albemarle (ALB) if it pushed through the many levels of support and closed below 215 in price. Technical analysis in the form of chart patterns like descending triangles, double tops, multiple downward spikes, an increase in volume on the uptrend, and the Fibonacci retracement along with a close below a long-term upward trendline...
CAPITALCOM:ALBES Daily Timeframe Position Albemarle (ALB) may be nearing the end of its uptrend since late March 2020. A long-term Trend Line from the valley in March moves upward against corresponding valleys signifying the uptrend (weekly timeframe). For the first time price has now dropped and closed below the trendline. Although it has closed below the...
If price touches 220 again with rejection, this could be a starting point for another rally to the upside N.B - Let emotions and sentiments work for you -ALWAYS Use Proper Risk Management In Your Trades
NYSE:ALB Idea is simple: Long position when the price breaks out of flag and closes 1h or 4h higher than ($283) Stop - close if the stock closes 1d lower than $283 Take - if it goes higher, place stop at $283 and watch the show Feel free to comment / add a feedback
Lithium is the future, watch this baby rip once the Republicans get booted in 2020 vote
Albemarle Corporation ( NYSE:ALB ) Sector: Process Industries (Chemicals: Specialty) Current Price: $250.51 Breakout price trigger: $252.00 Buy Zone (Top/Bottom Range): $242.00-$230.00 Price Target: $276.00-$279.00 (2nd) Estimated Duration to Target: 19-22d (2nd) Contract of Interest: $ALB 12/17/21 290c Trade price as of publish date: $3.50/contract
Opened half-sized position on strong move over two important pivots. No earnings as of yet which would normally be a red flag, but strong volume patterns all over this lithium company's stock make it difficult to ignore. Other lithium stocks ($ALB $LAC) showing strength & look like they're ready to break out of bases. $SLI displaying relative strength within...