Price dumped 6.23% today, beat top line but missed sales.
Trade is down about 2% from our recommendation. Continue to hold.
If price breaks and closes below upwards sloping green line with momentum I will recommend selling. Currently that level is at 108 but rising.
Albemarle Corp (ALB) daily
I’m not concerned at all about this one day event.
Continue to hold.
If price comes back into the upwards sloping green line and bounces I might even add to my position.
I will certainly let you know.
Continue to hold all open positions.
Trade Smart,
Don