The AA (Alcoa Inc) long trade hit the first target, T1 at 11.13 for a quick 8.5% gain on April 27th. At that time, along with my concerns for a correction in the basic material sector, it was suggested to raise stops to any print of 10.85, which so far was the LOD in AA. [...]
The AA (Alcoa Inc) Active Swing Trade & Long-term Trade has hit T1 (11.13) today for an 8.5% profit in just 6 trading sessions since the entry on April 19th. Upon further review of the charts, including my expectation for a correction in the basic materials sector, I am revising the max. suggested stop to [...]
This is a follow-up to the Bullish Sectors video published on Tuesday. This video takes a look at some of the more bearish sectors that might provide attractive shorting opportunities as either a pure-play short or a hedge to long exposure with a trading or investing account. These sector ETFs are discussed in the following [...]
The following charts & notes outline the suggested entry, price targets & suggested stop for a trade in AA (Alcoa Inc.). Please login or sign-up for your free 3-week trial to view this post.
AA daily Oct 15th The AA (Alcoa Inc.) short trade hit the final target, T2 at 14.05 for a 15.5% gain yesterday, exactly one month after the short entry at 16.62. Consider booking full profits as T2 was the final target on this trade. click here to view the live daily chart of [...]
AA T1 Hit Oct 2nd The AA (Alcoa Inc) short trade has hit the first profit target, T1 at 15.23, for an 8.4% gain. Consider booking partial or full profits and/or lowering stops if holding out for T2. T2 at 14.05 remains the final target for the AA short trade for now. There [...]
AA daily Sept 22nd AA (Alcoa Inc), which was added directly as an Active Short Trade a week ago today, has broken below what appears to be a bear flag pattern. Bear flags are continuation patterns with a projected measured move roughly equal to the length of the flagpole (i.e.- the sharp move [...]