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ALCOA CORPORATION COM USD0.01ALCOA CORPORATION COM USD0.01ALCOA CORPORATION COM USD0.01

ALCOA CORPORATION COM USD0.01

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0HCB trade ideas

When Are We Shorting Metals?Afternoon! Just combing through charts, and I saw this one in Alcoa. Kinda insane. Now, I know Metals are in vogue right now from both a narrative & flows perspective (positive and improving): *** Financials 4 Energy 4 Consumer Cyclical 4 Consumer Defensive 2 Industrials 1 ---- Materials 1---- Utilities 0 Technology 0 Real Estate -2 Communications -3 Healthcare -4 *** But seriously?? This chart is insane, and the temporary increase in profits from all of the shortages might last for the next two years, if we're lucky. Buying this at 12x FWD cash flows when that leading number is liable to drop seems like a LOT. I'm steering clear of stuff like this at these prices. With the rate situation, banks seem like a much better "value" play. KRE is something I'm actually considering.
NYSE:AAShort
by PropNotes
8
AA 200 MA and Resistance Break to Continue Bull Trend.AA is in a long term bullish trend. Currently it is on a pullback and I believe it is about to break out of that pullback and continue bullish creating a great swing opportunity. A few days ago AA released its earnings for the quarter and beat estimates by 15.95%. Just a few days later AA has now broken back above the 200MA and on top of that is broke through a resistance trendline. I believe that it is going to continue its bullish trend off this news.
NYSE:AALong
by giltorres7714
🟢 $AA Target 39.86 for 20.57% 🟢 $AA Target 39.86 for 20.57% Or double position at 26.26 This one's trying... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading. I finally added my YouTube Training Video to my profile tagline since I’m not allowed to on here. It’s a quick 15 minute training video on how to set up your chart and how to spot opportunities. So check here first but If you have questions just message me.
NYSE:AALong
by SPYder_QQQueen_Trading
NEW POSITION $AA Target 39.86 for 20.57% $AA Target 39.86 for 20.57% Or double position at 26.26 — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NYSE:AALong
by SPYder_QQQueen_Trading
2