AA – 30-Min Long Trade Setup !📈🟢
🔹 Asset: Alcoa Corporation (AA – NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Symmetrical Triangle Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $25.10 (Breakout above triangle resistance + yellow level reclaim)
✅ Stop-Loss (SL): $23.70 (Below structure and trendline support)
🎯
AA – 30-Min Long Trade Setup !📈🟢
🔹 Asset: Alcoa Corporation (AA – NYSE)
🔹 Timeframe: 30-Min Chart
🔹 Setup Type: Falling Wedge Breakout + Retest
📊 Trade Plan – Long Position
✅ Entry Zone: $23.72 (Breakout + Retest)
✅ Stop-Loss (SL): $22.15 (Below support + structure low)
🎯 Take Profit Targets:
📌 TP1: $25.72 – Mid-range resistanc
Potential Downtrend in AlcoaAlcoa has bounced this month, but some traders could think it’s due for a pullback.
The first pattern on today’s chart is the series of lower lows and lower highs since December. The aluminum company has climbed to the top of that falling channel, which may create potential resistance.
Second, pri
ALCOA Stock Chart Fibonacci Analysis 031225Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 32/61.80%
Chart time frame: B
A) 15 min(1W-3M)
B) 1 hr(3M-6M)
C) 4 hr(6M-1year)
D) 1 day(1-3years)
Stock progress: A
A) Keep rising over 61.80% resistance
B) 61.80% resistance
C) 61.80% support
D) Hit the bottom
E
Alcoa Wave Analysis – 3 March 2025
- Alcoa broke key support level 33.35
- Likely to fall to support level 30.00
Alcoa recently broke the key support level 33.35, which stopped the previous wave b of the active ABC correction 2 from the end of November – as can be seen from the daily Alcoa chart below.
The breakout of the
Bearish on short term AAI know everyone is bullish on aluminum, but I’m bearish and targeting around $25. Why?
Because the price couldn't break the monthly range (Monthly EQHs) and hasn't yet reached the discount of the latest bullish monthly leg. Ergo, I’m waiting for the price to retrace back to the discount before it m
AA eyes on $40: about to Break-Out or Lower High?AA has been climbing over the last month.
Currently testing a major resistasnce zone.
Look for Break-n-Retest or Triple-Rejection.
$ 39.81 - 40.27 is the exact zone of interest.
$ 41.63 - 41.97 is the next resistance above.
$ 36.09 - 36.57 is a Must-Hold support below.
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Displays a symbol's price movements over previous years to identify recurring trends.