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giltorres7714
Jul 25, 2021 7:43 PM

AA 200 MA and Resistance Break to Continue Bull Trend. Long

Alcoa CorporationNYSE

Description

AA is in a long term bullish trend. Currently it is on a pullback and I believe it is about to break out of that pullback and continue bullish creating a great swing opportunity. A few days ago AA released its earnings for the quarter and beat estimates by 15.95%. Just a few days later AA has now broken back above the 200MA and on top of that is broke through a resistance trendline. I believe that it is going to continue its bullish trend off this news.
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