themarketzone

Elite Zone pre-earnings setup example

NYSE:AA   ALCOA CORP
This setup was one of several setups sent today to the Elite Zone members in the weekly members stock markets analysis.
If $AA will continue its climb (after a strong weekly candle from last week) and reach the resistance zone near 17$, it will also complete a bearish Bat pattern .
17$-17.5$ will be an interesting zone to look for intra-day reversals that can trigger short entry for those who wish to trade this bearish harmonic pattern .

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Tomer J,
The Market Zone - You trading Edge
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