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ThinkingAntsOk

"Alcoa on a Weekly Timeframe" by ThinkingAntsOk

Long
Alcoa Corporation (NYSE:AA)  
ThinkingAntsOk  
NYSE:AA   Alcoa Corporation
Trend Analysis Support and Resistance Trend Lines AA alcoa Oil nasdaq SP USA Stocks
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trendanalysis supportandresistance trendline aa alcoa oil nasdaq sp usa stocks
Weekly Chart Explanation:

- Price was on a Descending Channel since April 18'.
- Price bounced on the Support Zone and broke it.
- Bullish Divergence on MACD.
- Price is on a Corrective Structure before starting its up move.
- If price breaks it, there is potential to move up towards the Resistances Zones.

Updates coming soon!
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