Gnome
Short

AA potential diamond top

BATS:AA   ALCOA CORPORATION
Preceeding uptrend was very clean and strong, than topping volatility came in and formed what seems to be a diamond top ready for reversal. Entry on the break of the diamond or a breakdown below 15. Possible support zones around 15 and then 13 and 12. The diamond price target would bring it right into the longterm . 618 retracement . RSI seems to be breaking lower thus staying in bearish territory. Short interest at 3 % shouldn't be a problem.

Safe trading!
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