Alcoa to find sellers at previous support?

Alcoa Corporation - 30d expiry - We look to Sell at 32.65 (stop at 35.05)

Daily signals are bearish.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
Previous support at 32.50 now becomes resistance.
This stock has seen poor sales growth.
The sequence for trading is lower lows and highs.

Our profit targets will be 26.65 and 25.55

Resistance: 28.57 / 29.83 / 31.45
Support: 27.47 / 26.35 / 25.59

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Support and Resistance

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