InTheMoney Stocks
Short

An Alcoa Top: The Charts Say So

NYSE:AA   ALCOA CORP
177 1 5
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
www.InTheMoneyStocks.com
2use
2 years ago
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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