lukelehepuu
Short

AA IDEA

NYSE:AA   ALCOA CORP
43 0 6
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Description of Chart:
Here we have a head and shoulders that is almost formed, we can take a short position from 9.79 down to 8.42. This would coincide with a trend line (in blue) that has been in place for a while. when we touch the blue trend line it could be an opportunity to take profits. Notice how the MACD is also on the underside with the potential to turn lower.

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