Tag: ALB

  • It May be Time to Get Greedy with Lithium

    It May be Time to Get Greedy with Lithium

    Crisis will eventually lead to opportunities for lithium miners. Right now, a supply glut is forcing prices even lower. It’s also responsible for mass industry layoffs, and major lithium projects. Falling interest in electric vehicles isn’t helping either. Major companies, like Albemarle, were even just forced to cut its demand forecast for 2030 from 3.7…

  • It’s Time to Get Greedy with Oversold Lithium Stocks

    It’s Time to Get Greedy with Oversold Lithium Stocks

    Lithium stocks are showing big signs of life again. Albemarle (ALB), for example, is up about $5 a share after finding double bottom support. Livent (LTHM) is up about $1.02. Even the Global X Lithium ETF (LIT) is up $1.25. While the gains aren’t much after such a downfall on supply issues, it could be…

  • Lithium Stocks Have Become Ridiculously Oversold

    Lithium Stocks Have Become Ridiculously Oversold

    Lithium stocks, like Albemarle (ALB), are ridiculously oversold. If you pull up a two-year chart of ALB, you can see the stock just caught support dating back to early 2022.  And you can see that it’s over-extended on RSI, MACD, and Williams’ %R.  From a current price of $183.87, we’d like to see it back…

  • Use Weakness in Lithium Stocks as an Opportunity

    Use Weakness in Lithium Stocks as an Opportunity

    Investors may want to use weakness in lithium stocks as an opportunity. All as the world works to put millions of electric vehicles on the roads. For that to happen, we need far more lithium than we have now.  In fact, at the moment, there’s more demand than supply, which isn’t going to change that…