CVGIII

Alcoa's Shining Knight?: Bullish Shark Edition?

NYSE:AA   ALCOA CORP
Alcoa             has had the unfortunate circumstance of being thrown in the same group as many companies who are suffering because of the drastic fall in commodity prices. Currently there are two patterns targeting around 8.50-8.80. One is a bullish shark that has a potential PRZ between 8.78 and 8.57. The other is an AB=CD pattern targeting a PRZ at the 1.272 extension at 8.62. The overall PRZ zone(the gray box area) may be a good place to buy in or cover any short positions. Good Luck.

Related Ideas

CVGIII
a year ago
One additional note: If the PRZ proves to be true, a good first target would be around 13.00
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out