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JoeHayes
Jun 2, 2015 9:15 PM

Bullish Momentum Divergence on Alcoa at Support Long

Alcoa CorporationNYSE

Description

Bullish momentum divergence seen here on AA after a kiss off of trend line. Today brought buyers back in to close above yesterday's highs signaling our long entry - this also came on higher volume than our most recent low day. This area also was seen as previous support back from early last year which should act as support for this to be a nice little move higher to mid 13s.
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