ALB is showing signs of an upward shift, holding above the 200-day moving average, breaking a long-term trendline, and forming a reversal pattern. The upside potential points to a range between 250 and 300, while the downside risk is estimated at 80 to 90.
Last quarter, the stock rebounded from a low of 72, which aligns with a long-term trendline. If ALB stays above the 100 mark, the upward trend is likely to continue.
Albemarle (ALB) shows promise due to increasing lithium demand driven by electric vehicles, cost-saving measures, and operational efficiency improvements. However, challenges include softer lithium prices leading to reduced earnings raising concerns about short-term performance.
Last quarter, the stock rebounded from a low of 72, which aligns with a long-term trendline. If ALB stays above the 100 mark, the upward trend is likely to continue.
Albemarle (ALB) shows promise due to increasing lithium demand driven by electric vehicles, cost-saving measures, and operational efficiency improvements. However, challenges include softer lithium prices leading to reduced earnings raising concerns about short-term performance.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.