@realDonaldTrump $X $AA Since the trade wars started the markets that were supposed to be benefited by this policies happened to have the complete opposite effect.
$AA had a loss of $7.6 B in market cap going from the 60's to the 20's level, 65% loss from the top to date. $X took a hit of $5.5 B in market cap, going from the 45's to the 15's levels and a 75%...
Trade wars are not good, trade wars are not easy to win. The market has shown us that it is always right, both $AA and $X wiped off billions in market cap since these trade wars started. The market is telling us loud and clear, Stop it!. Trying to manipulate the market creates artificial overextended conditions that sooner rather than later snap back. Let the...
It may have some bullish technicals but the fundamentals remain very risky, although the earnings beat estimates by a penny, revenue was $60 million short of estimates. The commentary from management on the earnings call was far from Bullish also, as they blamed trade tensions and macroeconomic headwinds for declines in demand, in turn cutting their demand...
In last quarters earnings report we got a nice pop but that quickly reversed which is not a good sign. While other companies in this sector have risen AA has had terrible price action and we can see nothing other than a drop in price post earnings. Indicators are all quite negative which confirms our sell bias.
Alcoa published positive financial reports on 17.1.19 above expectations with a 5% increase in revenues.
30.5 area is a resistance – weekly and daily charts. If it crosses this level I'll consider an entry for a long play. The first target will be 34.
increasing volume, OBV supports the proposed direction, RSI is still not in oversold area.
this is not a...
AA approaching support at 27.70 (61.8% Fibonacci extension, 50% Fiboancci retracement, horizontal swing low support) where it could potentially bounce to its resistance at 29.17.
Stochastic (55, 5, 3) is also approaching support where a corresponding bounce could occur.
Alcoa Corporation, formerly Alcoa Upstream Corporation, is engaged in the production of bauxite, alumina and aluminum of various cast and rolled products. The Company is engaged in the production and management of aluminum and alumina combined through its participation in various aspects of the industry, such as technology, mining, refining, smelting, and recycling. The Company's segments include Bauxite, Alumina, Aluminum, Cast Products, Energy and Rolled Products. The Company's Bauxite segment represents its global portfolio of bauxite mining assets. The Company's Alumina segment represents its refining system across the world, and processes bauxite into alumina and sells it directly to internal and external smelter customers across the world. The Company's Aluminum segment represents its smelter system across the world. Its Energy segment represents its portfolio of energy assets, with power production capacity of approximately 1,685 megawatts.
This website uses cookies to ensure you get the best experience on our website. To learn more about cookies, including how to control cookies, please read our Cookies Policy.
AA
