Neutral until broken.
Earnings 1-18 AMC
No recommendation.
EPS (FWD)
4.85
PE (FWD)
9.56
Div Rate (TTM)
$0.40
Yield (TTM)
0.86%
Short Interest
3.71%
Market Cap
$8.20B
Order SELL AA NYSE Stop 36.21 LMT 36.21 will be automatically canceled at 20230401 01:00:00 EST
AA weekly bearish head and shoulders wave 3 of C correction wave
Hello dear Traders,
Here is my idea for #AA
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support...
Alcoa Corporation
Intraday - We look to Sell at 37.00 (stop at 41.12)
This stock has recently been in the news headlines. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. Further downside is expected although we prefer to sell into rallies close to the 37.00 level.
Our profit targets will be...
I think we're going to see a dip to mid $20's sometime in November before we see any movement upwards. Long term it looks like it wants to settle between $37-$40 range for a fair price. That's plotting the chart from 1987 till now. Using also a fib from 2020 to present day. They are also going to report a -$20 million dollar loss on their earnings report this...
This looks like a solid long setup here. They'll try to bring price up to the high volume node at around $62.50, which also happens to be the 50% retracement of the entire leg down.
Daily view. Nasty drop after that bear flag broke down. Looks like earnings next Wednesday. Could get a decent bounce to let some more big money out of the name.
Correcting nicely... Love the company and will be a amazing opportunity down the road. Lets follow together and enjoy the ride. Next cycle will be different.
