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Alcoa

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NYSE:AA   Alcoa Corporation
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If Alcoa equities close the gap at 15.85, they will reach the upper bound of a potential diamond in the vicinity of 16.80-16.90. When the gauge retraces to 15.85, long positions may be opened with the target at the bound of this pattern. If the index breaks out of this pattern, the next target will be 17.75, a high of the diamond.

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