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themarketzone

Rising Wedge setup

Short
Alcoa Corporation (NYSE:AA)  
themarketzone  
NYSE:AA   Alcoa Corporation
swingtrading Wedge priceaction Candlestick Analysis
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swingtrading wedgepattern priceaction candlestick
Bearish setup in $AA as the stock struggles with resistance zone and the 78.6 Fib reversal level.
A potential rising wedge formed in the daily chart. Wedge breakdown could lead to a continuation move lower towards 15.6 (initial target level)
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