ALCOA (AA) has become very appetizing to me since its strong pullback into support. As you will recall, I loved the strength with which AA rallied to the mid $17 area. This move in my opinion was a precursor of higher prices to come long-term. The sharp decline which was ignited from what I call a Tombstone Doji has brought the stock into an interesting area of support.
Listen carefully as I explain why I feel an initial entry (a small nibble at first) in AA is very close at hand. Click on the link below and enjoy.
AA and Support (click here)
Listen carefully as I explain why I feel an initial entry (a small nibble at first) in AA is very close at hand. Click on the link below and enjoy.
AA and Support (click here)
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