ALB Oversold, US Government need for Lithium, Battery Need, near to indicator

 Albemarle (ALB) is incredibly oversold again. And we’re buyers.

For one, the lithium story isn’t cooling.  As noted by S&P Global, “Lithium prices will likely see strong support in 2023, with supply expected to remain tight amid bullish demand from the accelerating adoption of electric vehicles across the globe, though some price correction could be expected, led by a slowdown in the Chinese market.”

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