AA at all times old resistance, new support. Wait to see if goes down and up, take retest. Or just bounce forming bottom (double) On watch... interesting with tariffs.
NYSE:AA currently in buy zone testing the bottom of new trading range (stepping stone) and demand trend line. Left the previous 9-year accumulation range on light volume, which provides confidence in underlying trend. The only concern is that materials sector and aluminium industry do not show any signs of market leadership. Good for range-bound trade or...
AA 1D support line ranges back to late 2016, showing VERY strong trendline. Should be a good buy around this area and possibly ride it up to resistance in 2-4 months.
Massive gap to cover, but too rowdy out there so the target could be quietly good to buy at 43-42. I would be buying at that level if I see an opportunity. Learn how to beat the market as Professional Trader with an ex-insider! Have a Nice Trading Week! Cream Live Trading, Best Regards!
It was a promising week that could have easily ended on a bearish note. Buyers are still coming up just short of confirming bullishness. A Promising Stock Rally Comes Up Short of Important Threshold drduru.com $SPY $QQQ $AMZN $AA $CWH $EWZ $NIB $RCL $UBX $ULTA #VIX #T2108 #AT40 #forex $AUDJPY
Entered a long position JBLU today. I see positive money flow in RSI and MACD, creating a Bullish Divergence. Price also has plenty of support. Share your opinion, comments and questions. Good Luck! Risk Level: Moderate. I will keep updating my position.
alcoa next move could be down, if i look at this chart i would say its a high change that we will make some profit on a short. the only reason that makes me doubt is that alcoa (AA) just publiced some good Q earnings so lets see what happens!
You already know I'm out of this asset and this analysis is made just for a request. Keeping lines from the last idea on AA (by the way target reached), price into a range and risky if you want to trade in the very short term and don't have a clear strategy. Learn how to beat the market as Professional Trader with an ex-insider! Have a Good Trading Week,...
AA shares Buy Idea @Weekly Demand Zone (43.03 - 40.28) Buy Limit: 43.17 Stop Loss: 39.95 Take Profit: 51.48
If you are one of the investors who are keen on AA you should take a look at this chart. Have a Good Trading Week, Learn how to beat the market as Professional Trader with an ex-insider! Cream Live Trading, Best Regards!
Recent breakout of cup formation with retesting breakout line. Could still short term go back to up channel line but longer term think likely will up wave to about 70 which would be .62 correction If you like fundamentals see: seekingalpha.com Interesting to me is the 2 negative reversals in the RSI (dashed black lines) both of which led to a negative trend...
It is a decent trade with win side of 3 and lose side of 2.
STLD, appears to be breaking higher out of the bull flag. With the entire sector moving higher like X, AKS, AA, CENX, I think this is a low risk play here. Should be good as long as we stay above the 50SMA.
STLD looks to be forming a bull flag with upside potential to $50. Trump is bullish on Steel stocks. Could we get a break out soon? I think so.
AA (implied volatility rank 73/implied volatility 48) announces earnings on Monday after market close, so look to put on a play before the end of the session to take advantage of the post-announcement volatility crush. Metrics: Max Profit: $210/contract Max Loss/Buying Power Effect: $190/contract Break Evens: 29.90/34.10 Theta: 4.96 Delta: 3.51 Notes: This is a...
With the French primaries in the rear view mirror and some market unease abated due to the result, VIX futures are caving hard as of the writing of this post (the May contract is down 8% to 13.15). This, unfortunately, changes the potential complexion of next week's market for me, since it is likely that implied volatility will dry up somewhat in SPY/SPX and...