#Alcoa- At Key Level To Short To The Lows Of The Range! #AA

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A nice short to take advantage of. A nice pullback after a bearish impulse move has landed us at 50 moving average and the 0.5 Fibonacci retracement . It's clear from the candles that investors weakened at the 50MA resistance and support and resistance transition zone, which implies we have a high probability short situation.

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