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ALBEMARLE CORPALBEMARLE CORPALBEMARLE CORP

ALBEMARLE CORP

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AMC trade ideas

ALB From Insider Monkey :Albemarle Corporation (NYSE:ALB) has seen an increase in hedge fund sentiment recently. ALB was in 23 hedge funds' portfolios at the end of the fourth quarter of 2019. There were 18 hedge funds in our database with ALB holdings at the end of the previous quarter. Our calculations also showed that ALB isn't among the 30 most popular stocks among hedge funds (click for Q4 rankings and see the video at the end of this article for Q3 rankings). I am long GALXF & LLKKF for the same reason, I believe the Lithium market is heading for a massive bull market 2021 and forward. ALB is a juggernaut but there is plenty of demand for lithium batteries for many other companies and LLKKF is my pick could be the same price as ALB one day
NYSE:ALBLong
by Big_Mike716
ALB has my favorite profile: Breakout, reversal, pivot, supportALB has just recently moved out from under two downtrend lines and is just above pivot at $71. Rising uptrend line off of Aug $59 lows now gives support at the $70 level as well. First attempt to break out from 2 year downtrend will test first resistance at $76 level. Weekly RSI is in a rising uptrend with reading just above 53 level as well. BUYING now in the low $70 area with stop loss at the Dec 16 breakout day opening of $67.50 Long position module on chart will track progress of both new uptrend and target trades for 2020. Second resistance level is at $82.60 which is used as target on long position chart module. Main target is the bottom of previous price channel at $92.27 last seen 11 months ago. This channel was ongoing for over 12 months with higher end at $108. Top pricing of two year downtrend was at $127, therefore that is ultimately the target for any new structural change in trend (off of August lows) going forward. Therefore with 5/1 risk reward I am risking $4 to make $20 with the $92 price target during 2020. Trade to win...Trend is your friend...Manage the risk...Make your success. Dr. RAV
NYSE:ALBLong
by DrRAV
Albemarle Corp Reversal trade Entry level $77 = Target price $91 = Stop loss $73 Levels of Interest = $92.61 P/E ratio = 14 Short interest = 15.28% Average Recommendation: oVERWEIGHT Average Target Price:$75.32 11 BUY 01 OVERWEIGHT 07 HOLD 03 SELL Company profile Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium and Advanced Materials, Bromine Specialties, and Refining Solutions. The Lithium and Advanced Materials segment include two product categories: Lithium and PCS. The Lithium business develops and manufactures a broad range of basic lithium compounds. The Performance Catalyst Solutions division operates in three product lines: organometallics, polymer catalysts and Curatives. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Refining Solutions segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
NYSE:ALBLong
by Bullishcharts
See you at 90!What we see is a Symmetrical triangle, which can continue or reverse the price trend. So be aware of; 1# the support at 60$, 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 $78.73
NYSE:ALBLong
by UnknownUnicorn2034381
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