Alcoa Corporation

Long

AA: Broadening Bottoms

Updated

Broadening Bottoms is on its rebound upward. Increased buying pressure shown with Stochastic RSI and trend change shown with MACD confirm.

thepatternsite.com/Blog-Oct15.html
thepatternsite.com/broadb.html

Trade closed: stop reached

Partial Rise occured so now price is headed downward. AA is currently oversold, which will help drive the price down. Short sell with a target price of $7.47.

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