Bullish MACD for Albemarle Corp – Tale of the Tape

Albemarle Corporation’s (ALB) MACD indicator has entered into bullish territory with a reading of 0.2575. The Zacks #2 Rank (“Buy”) stock increased slightly to $68.85 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 8 cents over the past two months to $4.42 per share.