BATS:AA   ALCOA CORP
127 3 0
Alcoa             closed below 8 dollars in June for the first time since 2009, Price now appears to be recovering nicely here off it's recent lows, as price bounced off neckline support yesterday despite being a tough day in the market. Next resistance is at 8.25 and then the yellow downtrend line. Looking for a long target near 8.60.
snapshot


Looks like I miss identified the real pivot zone. Here is a second look. I like where the price is now. Many times in the recent past price has turned north at this level. I also like the rounding bottom forming. Too noticed nice divergence between price and indicators . All that is needed now is some bullish candles.
Reply
snapshot

Here is another look using the line chart.
Reply
snapshot

Finally a break with a decent candle. Volume weak but building overall.
Reply
United States
United Kingdom
India
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
日本
한국
Home Stock Screener Forex Signal Finder 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 Account and Billing Sign Out