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Saturday, 05/11/2019 1:56:17 PM

Saturday, May 11, 2019 1:56:17 PM

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Bullish after earnings surprise .

ALB produced a excellent and surprising set of results yesterday and upbeat guidance. The only disappointment was a decline in revenue from Lithium sales but that was as a result of factors outside the companies control. ALB has already tested this $73 range once before and bounced, hopefully we see the same and a move towards $93 will ensue. The average price target on the stock is $106 but until world trade disputes are resolved this will probably not be reached for some time.


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