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Yamit2000
Feb 24, 2019 2:12 PM

I like AA, thinking of it for the long side... Long

Alcoa CorporationNYSE

Description


Alcoa published positive financial reports on 17.1.19 above expectations with a 5% increase in revenues.
30.5 area is a resistance – weekly and daily charts. If it crosses this level I'll consider an entry for a long play. The first target will be 34.
increasing volume, OBV supports the proposed direction, RSI is still not in oversold area.
this is not a recommendation to buy or sell.
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