OnlyFibs
Sep 30, 12:13 AM
$ALB | Snapshot 📊⚡
• Business: Albemarle Corporation, a global leader in transforming essential elements like lithium and bromine into critical ingredients for mobility, energy, and electronics.
• Financial Health & Pipeline: Q2 net sales jumped 31% YoY to
$1.74B driven by lithium pricing recovery, with full-year EBITDA guided up to
$4.4B under favorable lithium pricing scenarios.
• Bias & Conviction: Bullish Falling Wedge Reversal | Moderate-to-High Conviction (Weekly chart coiling at macro support with institutional options flow accumulating outer-month calls).
🎯 Key Levels:
🐂 Bull Trigger:
$115.00 /
$120.00
🚀 Targets:
$135.00 /
$145.00 /
$155.00
🛡️ Support:
$105.00 /
$100.00
⚠️ Risk:
$95.00 /
$80.00
🔥 Options Flow:
• 🟢 Concentrated call sweeps in Dec '26
$135/
$140/
$145 and Jan '27
$150 strikes.
#ALB #lithium #stocks #options #hovdid
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