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Alcoa Corporation
Long

$AA Alcoa Corp $21.00 Target

669
Possible inverse H&S, which looks likely given the volume profile on the breakout.
Potential resistance levels as per the chart with $16.20 & $21.00 as the strongest levels.
Stock has been in a multiyear downtrend which seems to reversing as commodities rally.
Bullishcharts
Also on:
FibonacciSupply and DemandTrend Analysis

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
FibonacciSupply and DemandTrend Analysis
Bullishcharts
Also on:

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.