by MarketArmor | Mar 21, 2023 | Trade Ideas
ALB stock chart by TradingView With the lithium boom still alive and well, pay attention to oversold names, like Albemarle (ALB). At the moment, the ALB stock is trading at double bottom support dating back to late 2022, early 2023. And from a current price of...
by MarketArmor | Mar 20, 2023 | Trade Ideas
LIT chart by TradingView One of my favorite ways to trade any hot sector is with an ETF, such as the Global X Lithium ETF. Not only does this ETF offer great diversification, it does so at less cost. At $60 a share, with an expense ratio of 0.75%, the LIT ETF offers...
by MarketArmor | Mar 17, 2023 | Trade Ideas
DOCU stock chart by TradingView Keep an eye on DocuSign (DOCU). After gapping lower, the stock is attempting to refill its bearish gap around $65 a share from a current price of $58.81. Helping, analysts at Baird recently raised its price target on DOCU to $70 from...
by MarketArmor | Mar 16, 2023 | Trade Ideas
RIG stock chart by TradingView Keep an eye on Transocean (RIG). After pulling back from double top resistance, it now sits at double bottom support. Helping, company Chairman Chad Deaton just bought another 30,000 shares for $222,000. Even better, as reported by...
by MarketArmor | Mar 15, 2023 | Trade Ideas
UVXY chart by TradingView Dow futures are down 550 points at the moment. All after Credit Suisse added to the financial chaos. In fact, according to CNBC, Saudi National Bank, Credit Suisse’s largest investor, said Wednesday it could not provide any more funding,...