In today’s Daily Alert Investors Intelligence Editor John Gray recommends a specialty
chemical company with a very strong relative strength chart, and Tyler Laundon decides
to take profits on a recent recommendation.
“Mid-Cap Buy Idea: Albemarle Corp. (ALB, NYSE) rallied to its best level in almost two years
yesterday. $71.79 is the all-time high and the level to watch. Clearing that would be very bullish
given the present jittery climate.
“The P&F relative chart (below) looks to be building a massive, bullish, triangular
consolidation.”
John Gray, Investors Intelligence, www.investorsintelligence.com,
914-632-0422, 5/31/13