The weekly chart of Alcoa does not look great for the long term, as it might draw a topping formation. However, for the next couple of weeks, it remains bullish
On the daily chart, we have green impulse, rejection of the wave, and a bullish engulfing candle. Not the best trade because this stock stands at an important level.
This is a paper trade.
On the daily chart, we have green impulse, rejection of the wave, and a bullish engulfing candle. Not the best trade because this stock stands at an important level.
This is a paper trade.