2waytrading

Follow up (Previous Bullish Call)

NYSE:AA   ALCOA CORP
64 1 0
What was an ugly chart turned to be one of the best chart to find in the market. 6-Days ago we looked into the chart find that price was ready to crash 50DMA and bulls needed to prove they can take above $9.20 and head to 200-DMA which they completed that task today. Not the time to buy now but to wait for a pull back if you are no in already this trade. Still it can retest 50DMA and bounce strongly from there best place to bet!
One more gap to fill at $10.03 to $10.13. That should take it to wave 3 and just in time for a short wave 4 pull back to test the 50 DMA.
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