Hey guys, ALCOA
CORPORTION is in a bullish
movement with a return of purchase volume
executed. Looking at the TIMEFRAME M1
we observed a hammer
candle with a high volume
of traded sales it is breaking the base of the bollinger
. To get to its low point, do a trend reversal test the bollinger
high. Then test the VWAP
again to find the height of the comfort
zone and test it. There is a great chance of breaking out the price then the continuation of the zone for arrival on the top which comes. Several resistances passed before the test for the breakout of the comfort
zone. The top of the bullish channel
can be tested before breaking out the symbolic number of 25.00.
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