ALB is approaching our first support at 72.81 (horizontal pullback support, 50% fiboancci retracement, 61.8% fibonacci extnesion) where a strong bounce might occur above this level pushing price up to our major resistance at 90.30 (horizontal pullback resistance, 23.6% fiboancci retracement).
Stochastic (89,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.
Stochastic (89,5,3) is also approaching support and seeing a bullish divergence where we might see a corresponding bounce in price.