Albemarle prospect`Yes, Lithium is gonna be big so I'm saving a prospect but I wouldn't buy now. There was a golden opportunity earlier.
ALB trade ideas
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
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:$75.32
11 BUY
01 OVERWEIGHT
07 HOLD
03 SELL
Company profile
Albemarle Corp. is a specialty company, which engages in developing, manufacturing, and marketing of chemicals for consumer electronics, petroleum refining, utilities, packaging, construction, transportation, pharmaceuticals, crop production, food-safety, and custom chemistry services. It operates through the following segments: Lithium and Advanced Materials, Bromine Specialties, and Refining Solutions. The Lithium and Advanced Materials segment include two product categories: Lithium and PCS. The Lithium business develops and manufactures a broad range of basic lithium compounds. The Performance Catalyst Solutions division operates in three product lines: organometallics, polymer catalysts and Curatives. The Bromine Specialties segment consists of bromine and bromine-based business includes products used in fire safety solutions and other specialty chemicals applications. The Refining Solutions segment contain two product lines: clean fuels technologies, which is primarily composed of hydro processing catalysts, and heavy oil upgrading that comprises of fluidized catalytic cracking catalysts and additives. The company was founded in 1993 and is headquartered in Charlotte, NC.
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The Lithium Decade Begins Golden Cross on daily 20 MA crosses 200 MA
Currently in daily consolidation, starting to breakout again on daily
Price moved above 200 MA, 200 MA is still pointing upwards on weekly
First PT 91.40
Second PT 110
Stoploss 69.0
See you at 90!What we see is a Symmetrical triangle, which can continue or reverse the price trend.
So be aware of;
1# the support at 60$, 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
Long beetween $64 and $67 target $95 and up, extremely robust business, strong history, continual innovation into new markets - namely Lithium
downside risk is broader market selloff, which can move price to $60 and under
LONG ALBExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Lithium Dividend in America!Wait for entry around 58-60, but longing on spot right now isn't a terrible entry either
target will be $100
Downtrend - Sell-Short for nowmonthly trend is down; the daily trend uptrend in correction
wait for bearish reversal on the daily chart in the sell-short zone
ALB SELL 05.10.2019SELL signal at 66.32$.
Albemarle Corporation (ALB) is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world.
If you want to see more history of this strategy, I will able to show you if you request me.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
I have several strategies for different products, and I want to show you proof of it works on history, and you will be able to see it, when returns to that profile.
Therefore, subscribe and watch for that profile.
The signals rare but useful.
Albemarle - a good opportunityDear Neighbours,
Lets have a look at Albemarle NYSE:ALB .
Albemarle NYSE:ALB develops, manufactures, and markets engineered specialty chemicals worldwide.
Technically it bounced perfectly at FIBO 86 and continues to rise from there.
The company pays a good dividend and also increases the dividend since 25 years.
Currently the Lithium expansion weights on the company, but i think its already priced in.
Dividend
currently 2.1 % Dividend
25 year growth history
good payout ratio
1 year dividend growth 27 %
Three Percent Trade Idea: ALBHere is a great opportunity to pick up ALB .
At Three Percent Trades we have a price target of $95.00 / share, which is a potential upside of 39.13%.
We use a combination of fundamentals & technical analysis to trade high probability set-ups, and believe this is a great opportunity to take advantage.
ALB BUY 03.09.2019BUY signal at 61.73
Albemarle Corporation is a global developer, manufacturer and marketer of highly-engineered specialty chemicals. The Company operates through three segments: Lithium and Advanced Materials, Bromine Specialties and Refining Solutions. It is one of the biggest Lithium mining company in the world.
If you want to see more history of this strategy, I will able to show you if you request me.
__________________________________________________________________________
You can use the signals independently or like indicator of trends together with other indicators in your trading strategy.
Know that the success of your strategy that based on those signals depends from your money management and the additional conditions that you make in these strategies.
You use these signals inside your strategies at your own risk.
The chart shows the last trades on the product + the last signal.
Nice Falling Wedge on AlbemarleBarring any bearish news or a larger market crash, we should be looking good for a breakout soon.
Buying on SupportUndervalued using Divi Yield Theory by 38%. Currently 5 Star stock from M*.
Buying on support for a long lasting dividend stock, it is not a high dividend bu it has increased for 19 consecutive years and 6.42% growth rate last 5.
Still in downtrend but has already bounced off demand line once. Perfect time to start accumulation.
