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13 apr 2016 22:50

Alcoa trouble? ` 

Alcoa CorporationNYSE

Beskrivning

The aluminum company reported earnings today after the bell. The company reported a 0.07 cent gain. Let’s get to the technicals: Alcoa is inside month and outside week but, sideways very tight channel here. I think this stock is a sell, under $10 bucks that isn’t the problem. The problem is the industry has been having trouble finding ground of aluminum. AA since March it has been very tight.
Mer