Here is an interesting stock chart I created.
With Alcoa (AA) I just want to make a brief emphasis in what
the chart is truly suggesting. The stock is currently trading above its
20/50sma. It presents strong support at $8.00 and $8.50, and resistance at
$10.00, $12.20 and $14.80. The level that one should be focused on at the
moment is the $10, which indeed is the most notable; if there’s a breakout, we
should expect a strong rally.
Recommended Article: Alcoa, The Best Long-Term Opportunity
On The Dow
Alexander Schachter
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