NYSE:ACH   ALUMINUM CORP OF CHINA LTD AMERICAN DEPOSITARY SHARES
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Just sharing a chart a I am watching. ACH             is a Chinese aluminum company. I really do not not know much about the company but the chart looks to be one to watch. It appears a bull run is near. We have a strong divergence on the weekly trix . The fisher appears to be moving to a more bullish state as well. Stay tuned.
Hate to admit it but I missed this sleeping at the wheel.........hope someone made use of it .........nearly 30 percent and counting .
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2use littleriver
Do you hear the clapping? *Applause* ...sadly i missed it...but there is room to go :)
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True, I picked this chart because it is very similar to Alcoa chart before it broke. Pull it up with the indicators I have listed and you will see what I mean.
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2use littleriver
China should be on a roll now - many see bullish potential in that market, and it can fuel it up. And it is a tangible material so it is already cheap. The rise exactly after the chart posted amuses me tho :)
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I'd suggest that you need a catalyst for this to jump and the catalyst would most likely be the aluminum price. Therefor have a look at JJU, if it breaks out, then go for it, otherwise, you might just see another fakeout.


+1 Reply
littleriver HermanBrummer
Hi HermanBrummer, I see what you mean. Thanks for the insight. I will be watching for a break.
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