Alcoa - a clear buy
After breaking the major resistance area around 40$, Alcoa viciously came back down for a test. I would buy against this major support, given the bullish hammers and the oversold Force Index.
Soft stop below resistance, around 36$. Target at 60$.
Soft stop below resistance, around 36$. Target at 60$.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.