Bullish Sentiment This has been on a steady roll for over a year - heading into a Lithium boom in 2022 and 2023.
AMC trade ideas
Albemarle CorporationAlbemarle broke out of a multi month trading range in combination with a high volume
Lit Knife Catching at the end of 2019Lithium is the future, watch this baby rip once the Republicans get booted in 2020 vote
10/31/21 ALBAlbemarle 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
ALB - Daily Buy SetupNice buy setup for about 2.5:1
Trigger $235.81
Entry: $235.81+
Target $253.00
Stop loss: $229.20
ALB.I think long term, we are going to dump. Just a matter of setting up the move down now. This could be the spot. I am taking the short because it is an easy stoploss above previous all time highs.
Albermale Corp, Head & Shoulder PlayALB has been carving out a potentially bearish Head & Shoulders top. Look for a close through the neckline at 210 to deploy short positions targeting a test of the measured move objective at 168.2
ALB for kicks and gigglesHere's a fun trade, ALB puts for tomorrow. If you think LIT is heading down tomorrow...
Damn stock moves a lot, can be a big winner, all or nothing trade.
ALB target price 227$ +30%Sector rotation to non-tech stocks is visible. It is recommended to increase cash within 2-3 months. Finance, dividends, value stocks, and blue-chip stocks should be gradually increased. ALB seems to flow well. A company that works like a cow.
ALB Close to a breakout7 Month long ascending triangle
Volume picking up
Decent uptrend
Earnings coming up
Pays out dividend as well
ALB - VCP consolidation Very tight price action before BO last Friday (9-Jul-21)
“Success isn't just about what you accomplish in your life; it's about what you inspire others to do.” One thing that is certain about success is it's rarely (if ever) accomplished alone!
$ALB - Could retest 187 to form a CUPALB is in uptrend. If it hits, 187 it could form a CUP.
Target - 187
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How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Technical analysis update: ALB (27th May 2021)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.
Albermale should be go upAlbermale stabilied on the MA200 (4h or MA100 day) so the upward trend should continue now.
Albermale is still fightig to stay in upward trendHolding my ALB position right now, but it's fighting really hard with the upward trend.
Direction is right now still questionable, but stil holding...
stagflation play #1forming a new thesis post jobs report & current inflation metrics: I think this economy and most of the world goes into a period of stagflation. Metals mining, hard assets, some chemicals will do okay. The modern version of this will be companies that get off internal combustion. Short in the near term, long after this latest market shakeout.
ALB - breaking downtendstock breaking downtrend. should move higher from here.
Analyst upgrade price of $200. stock should eventfully get there.
Albermale now back to the uptrend?After longer time of sideward move, albermale is still a strategic stock to invest in Lithium and electric cars.
The stock seems now to be stronger again and ready for an upward move.
Albermale must soon decide its possitionUnhappy with my current position, this or next week, albermale must make the decision if it will go further down or follow the long term trend up.
I waiting ... but maybe go out of this position soon. Hold, not long anymore :(
[45%] (SHORT) ALBAlbemarle is the industry leader in lithium and lithium derivatives, one of the highest growth markets in the specialty chemicals industry. Our unique natural resource position, derivatization capabilities, and technology leadership allow Albemarle to execute an aggressive growth strategy for this business.
ALB looking a little mixedLooking at ALB, it can be seen it recently broke free of its downtrend set back from Jan but has continued it's momentary downtrend (as shown by the two red lines). As it stands two scenarios I see playing out..
Bullish case: ALB can push through this downtrend line, bounce off it as support and then onto the next challenge of the red resistance band at 160-162.
Bearish case: ALB could either attempt an up move and get rejected, then follow some sort of path down as represented by the red arrows. It could also fall without but I'd expect some attempt at going up before a simple imminent drop off.
I'm long with ALB so in the event the price is rejected, I'd average down if it drops to support of 138-140 zone.
If you not already hold Albermale, than it is a good day to buyI bought ALB some weeks ago and after drawdown, we see again with postiv signal in MACD another entry point with positiv outlook.
Albermale could now be a good buy.
