Update on Alcoa As expected we are now heading lower. We hit resistance at the downtrend on the LOG scale. I’m planning to scale in at the normal scale downtrend and horizontal resistance. No buy signal yet. If we break LOG downtrend it is a screaming long but not until then by rubindr0
Update on Alcoa I rolled out my short calls to January. My current plan is to sell puts if we retest the 10.95 level. by rubindr0
AA - 13.90% Potential Profit - Uptrend Corridor BounceUptrend Corridor bounce with target price set at resistance bounce. - 3-month Uptrend - RSI and STOCH above 50 - MACD above Signal Suggested Entry $14.86 Suggested Stop Loss $14.53 Target price $16.81 Note that I tend to adjust stop losses in order to secure profits early and preserve capital. This means that the target price is going to be achieved as long as there are no strong pullbacks that trigger my new adjusted stop loss.Longby mascheraUpdated 1
$AA Alcoa Corp $21.00 Target Possible inverse H&S, which looks likely given the volume profile on the breakout. Potential resistance levels as per the chart with $16.20 & $21.00 as the strongest levels. Stock has been in a multiyear downtrend which seems to reversing as commodities rally.Longby Bullishcharts3327
$AA Alcoa 20% Upside The 200ma is within touching distance and a move above would end a 2 year trend. $14.00 is a major level to cross and sets up a move to $15.50 & $16.70 Volume is increasing as sentiment rises. PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts1131
Alcoa breaks long run downtrend with earnings beat Alcoa has made over 100% since my initial trade idea. Just as a general rule I booked Some profits and sold calls against my position at my intermediate price target of 20. If price holds from today’s earnings beat the long term downtrend will have been broken. I expect a retest of the down trend line and or horizontal support at some point and will scale back in on total market weakness Longby rubindr5
$AA Alcoa Corp Breakout Targets Bullish Formation in AA as commodities continue to run higher. Major target is the 200ma which has been resistance since June 2018. Indicators bullish as MACD reverses from Zero-line RSI bounces off mid point support. Possible bull flag breakout imminent PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, THANK YOU.Longby Bullishcharts1137
|$AA| Alcoa Corp - Daily Chart with Fib re-tracementsWatching for a push near the daily 200sma, act as resistance or become support depending on the markets. But just a chart i'm keeping an eye on for that breakout over $14by AaronX3
Aluminium giant , Just ducks over the monthly 5SMA - LONGHas a thinly traded area below it till 8 dollars, but the current resistance being faced is a bullish pattern and the breakout measured move has the potential to test previous swing highs (over it). Similar resistance in assets has previously been broken to the up side already recently. Longby ayush.aggrwl115
AA: awaiting breakout of longterm downtrendA lot of volume gathering in the past week, if AA can break out then this will be a breakout to watchLongby dunkmycar5
daily analysis of ALCOA CORPORATIONHi friends the daily chart of this market shows with a very strong probability that it will know a downward trend until the level of with the vigilance that this market changes the direction towards the opposite directionShortby YL_PRO4
Hope to get the stock back AAThe best time to sell is during the coronavirus Alcoa!Longby alirezasolomon5
Long AA @9.27 Breakout and fundamental tradeStop @8.00 looking for $12-$14 in the next 30 days. Longby MrSalda225
AA Round up (Channeling)AA has all its moving averages converging, setting it up for a rounding pattern upward to the $9 level. It has been channeling making high lows and is now sitting at the bottom of the channel. Looking for it to make a move to the top of the channel where it'll find resistanceLongby BBTrader29223
Buy stop entered $AAbuy stop above Friday's high. Stop on a close below the 20sma. 12.83 target. Longby Pickle_Trader3
Alcoa Corporation (AA - US) - Impulse sequence Alcoa Corporation (AA - US) is in impulse wave sequence. It is very weak stock compared to SPX. 4th wave was very complex and like a bear flag. 5th wave is already started down and moving towards new low when it finished. Shortby EWFcwUpdated 225
Alcoa Corp (AA - US) - Sell for 5th wave downAlcoa Corp (AA - US) is going down for 5th wave down. It’s already broken down to 4th wave triangle. So next move will be very fast down. Sell with stops above 8.09 level as prices rise little on Monday as Spx is expected to go up slightly before going down further. Shortby EWFcwUpdated 6
AA: $8 Short Sell-off Target + Long PotentialFirst off, please don't take anything I say seriously or as financial advice. As always, this is on opinion basis. That being said, let me get into a few of my insights. Right now given the time period we are in, AA went down in the demand curve as a precious metals provider for aluminum mining. I expect an $8 target is imminent during this bearish period, and one price corrections happen, it can have long term hold potential.Shortby gamer4561485
"Alcoa: on a Micro Ascending Channel" by ThinkingAntsOk4H Chart Explanation: - Price is on a Down Trend on a Weekly Basis. - Price is on the top of the Micro Ascending Channel. - Now, price can break it up or down. If it breaks it up, it has potential to move towards the Descending Trendline. If it breaks it down, it will move down towards the Support Zone. Weekly Vision: Daily Vision: Updates coming soon! Longby ThinkingAntsOk13
"Alcoa: short term bull path coming" by ThinkingAntsOkDaily Chart Explanation: - On a Weekly Basis, it is on a down trend. - However, price bounced on the Support Zone. - Now, it has potential to move up towards the Resistance Zone. Updates coming soon!Longby ThinkingAntsOk14