ALB Long, Resurrection of lithium trendALB have started to rise in recent weeks. It's price stays near 5-year lows.
Long-term Price Levels already have worked to bounce the stock by around 50%+.
Most likely funds have started to trade it in Mean Reversion strategies. So, the movement back to 200MA and 800MA on Weekly time-frame is quite possible.
As fast as banks would start to rise stock's rating - it will go sky high.
Recently UBS already cut it's rating to "Sell". Yet, trend already is mighty enough and just kept going higher.
Full margin on every black 1D candle!
