Posted On: 12/01/2013 8:35:54 PM
Post# of 2561
AA Weekly Chart ~ Keeping an Eye on Any Break and Close Above $9.76
Nothing new to observe on the AA Daily Chart or the Weekly. As noted previously, Alcoa is in an uptrend from the lengthy base that the stock build at the 7.70/7.80 level. The stock is now testing previous highs, and I'm looking for a close above 9.76 to confirm a continued move. Should this target be captured, next up is the MA200 at 10.76 and the previous high of early 2012 at 10.66. A few reports are now suggesting that AA could see a move to the 16.00/18.00 in 2014. A few of us are holding the stock and in the money calls as this boring stock continues to bank for us. GLTA
Nothing new to observe on the AA Daily Chart or the Weekly. As noted previously, Alcoa is in an uptrend from the lengthy base that the stock build at the 7.70/7.80 level. The stock is now testing previous highs, and I'm looking for a close above 9.76 to confirm a continued move. Should this target be captured, next up is the MA200 at 10.76 and the previous high of early 2012 at 10.66. A few reports are now suggesting that AA could see a move to the 16.00/18.00 in 2014. A few of us are holding the stock and in the money calls as this boring stock continues to bank for us. GLTA
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