InTheMoney Stocks

An Alcoa Top: The Charts Say So

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Alcoa Inc             (NYSE:AA) is the best performing Dow Jones Industrial Average             stock of 2014. It has been a monster, hitting a new 52 week high today of $13.18. While this seems great, it may have put in a top today. After surging early in the day, the stock has reversed and gone negative. There is a possible topping tail on the daily chart and it is up 50% in the last six months. This has the makings of a top written all over it. A pull back to $11.00 is likely should the markets begin to sell in the coming weeks.

Gareth Soloway
Chief Market Strategist
All my stochs also say so, so im waiting for it to go down. BTW today it went up and down already.
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