Possible Cup and Handle Breakout
Entry level $34.000
Target price $40.80
Stop loss $32.00
Argus analyst John Eade upgraded Arconic to Buy from Hold with a $38 price target after its announced spin-off of its Global Rolled Products businesses announced last week. The analyst notes that the management has done a good job in setting and meeting...
If you look and any time frame , long idea is defo preset to 40-45 next 60-90 days if nothing political
Even my full entry 25.37 was composted with gained by trim as it goes , I want to see meaningful percentage gain on weekly
Will follow up as new high approaching
Entry level $31.60 = Target price $35.00 = Stop loss $30.00
Arconic price target raised to $35 from $31 at Barclays. Barclays analyst David Strauss raised his price target for Arconic to $35 from $31 saying he sees further share upside as the pending split approaches. Catalysts for the stock include Form 10 filing later this quarter and investor days in February,...
Arconic has outperformed the index in 2019 as it has increased its guidance for the remainder of the year, this has lead to the the company now hitting a majority of analysts price targets, this in turn will force regrading which will affect the stock pricing.
AVERAGE ANALYSTS PRICE TARGET $27
AVERAGE ANALYSTS RECOMMENDATION overweight
P/R RATIO ...
Today, only on Yahoo News, there was a story that ARNC agreed to a $10.3 BILLION Buyout including liabilities.
As for the London Fire, it has been almost 2 years and no lawsuits have been announced against Arconic.
What it looks like now is a HUGE SCAM to buyout ARNC at fire sale prices!
We sold today and won't look back at this SCAM!
Although we made a...
Right after we posted the BUYOUT news today, within maybe an hour, the company issued a press release.
From what we know, the company is looking for an offer between $25 and $30 including the possible debt / potential future liability.
If the debt / potential future liability is rolled over into a separate company, the offer price could reach as high as $35 to...
Wall Street Rumor is buyout could be announced soon!
ARNC is rumored to be in last minute negotiations for a buyout.
Once this rumor really starts circulating the street, and the stock moves up closer to its 52-week high, it could force the buyout number to become even higher.
Looking at the 52-Week High of around $31.00, we do not see the company being...
Weekly and Monthly Charts are turning Positive
Taking a small position
Depending on how this stock trades, as many know by now, by following me, I might go long or take a fast profit.
NEVER ARGUE OR SECOND GUESS YOURSELF WITH ANY TYPE OF PROFIT!
PURCHASE PRICE $19.17
Arconic Inc. (ARNC) engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. It operates through three segments: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The company is set to benefit from the strong global economy which will increase demand for its...