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HotForex

AA Approaching Support, Potential Bounce!

Long
Alcoa Corporation (NYSE:AA)  
HotForex  
NYSE:AA   Alcoa Corporation
Trend Analysis Harmonic Patterns Chart Patterns
26
0
trendanalysis harmonicpatterns chartpattern
AA approaching support at 27.70 (61.8% Fibonacci extension, 50% Fiboancci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 29.17.
Stochastic (55, 5, 3) is also approaching support where a corresponding bounce could occur.
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