lonercapitalist

One more upswing

Long
NYSE:AA   ALCOA CORPORATION

Wave 4 has just completed as a running flat correction , and wave 5 will begin. Since there has been no wave extension in wave 1 and 3, wave 5 is likely to be extended, which means wave 4 ends at the .618 of the whole impulse wave. Wave 5 target is around 20.83.
Comment: Idea updated. New price target for ALCOA.

Comments

Great set up dude!
+1 Reply
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