Posted On: 12/26/2013 8:30:47 PM
Post# of 2559
AA Weekly Chart ~ One Multi Year Level Down, Another Just Above
Yes, Alcoa is extremely boring, but holding shares in the latest swing trade for a few of us, makes it a bit more exciting that thinking about just aluminum. Next up is the 10.50-10.66 resistance of Q1 2014. After that is the MA200 at 10.71. Should AA capture that target, I would say 12.55 is next, and then we'll begin thinking about the 16.00-20.00 potential. GLTA
Yes, Alcoa is extremely boring, but holding shares in the latest swing trade for a few of us, makes it a bit more exciting that thinking about just aluminum. Next up is the 10.50-10.66 resistance of Q1 2014. After that is the MA200 at 10.71. Should AA capture that target, I would say 12.55 is next, and then we'll begin thinking about the 16.00-20.00 potential. GLTA
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