$ALB 4hr/D HBD holding supportPretty easy risk management. Needs to hold this support. Divergence looks good. Would target .618 retrace and leave a little for higher moves.
0HC7 trade ideas
The new world will be powered by Albemarle1. Albemarle is one of the largest lithium producers in the world. Besides lithium, it also produces bromine and provides refining solutions and chemistry services for pharmaceutical firms. (src : investingews.com)
2. The U.S. ranked 7th with 1.2% of the world’s lithium production. Nevertheless, the U.S. is home to two of the world’s top-producing lithium companies: Albemarle and Livent. (src : Forbes Dec 13, 2020)
3. The global lithium-ion battery market was valued at USD 36.7 billion in 2019 and is projected to hit USD 129.3 billion by 2027, at a CAGR of 18% from 2020 to 2027. (src : Valuates Reports)
ALBEMARLE CORP Opportunity Hello traders, ALBEMARLE CORP is in a bullish movement a forming doji with pent-up attempt by buyers on a high buying volume. In spite of her she still asks to climb big possibility of breakout the equilbre zone, to go and test the top of the next area and give new orders.
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Try out analysis looking for feed back on ALBAny comment , advice insight would be helpful to help me get better, came to the conclusion that the current support that was reach would not be breached and that the action would consolidate on his rise to the previous top still holding , macd looks good with the recent cross RSi shows good sign of a positive growth pattern?
