elephantsrevenge
Long

AA Cup and Handle buy point

NYSE:AA   ALCOA CORP
14 0 2
AA could be completing the handle of a cup and handle pattern dating back to early 2011. The weekly bollinger band chart also shows AA starting to come back inside the lower BB after weeks of heavy selling, and it has its first green week in 2 months. If the pattern holds the target is around $23 for Jan or Feb 2016. Exit the position on a weekly close below $12.70.
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