ALCOA is at a historic risk/reward ration.
Updated
The company is at a level not seen since the 2008 crisis. Wonderful level considering the positive economic changes we have lived ever since.
I would stop myself if price drops under $34.80 just to give my trade a change to breathe, but if you are thinking of holding it longer, I would advise you to stop yourself around mid-20's and have a higher TP.
I would stop myself if price drops under $34.80 just to give my trade a change to breathe, but if you are thinking of holding it longer, I would advise you to stop yourself around mid-20's and have a higher TP.
Trade closed: target reached
Closed at $53 late December. Was a nice trade. Might enter again later on this quarter.Disclaimer
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