DarkWI

Aluminum Corporation of China - aluminum will be in demand?

Long
SSE:601600   ALUMINUM CORPORATION OF CHINA LIMITED
One of the largest producers of aluminum. The company's shares are trading near their multi-year lows. Rising commodity prices, the growth of the Chinese economy as a whole, and the switch to electric cars could be good drivers for the company in the long term.

The position can be gained from current prices. It is also possible to wait for the breach of the trend line, who likes more dynamic trading.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.