AA (Alcoa)Long over 35.00
First target
37.59
Second target
42.00
Stop loss
33.75
Fallen wedge breakout and retest with the Double bottom.
185 trade ideas
Selling Alcoa into previous support.Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98)
Daily signals are mildly bearish.
Previous support at 39 now becomes resistance.
This stock has seen poor sales growth.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
Our profit targets will be 33.98 and 32.98
Resistance: 36.00 / 37.75 / 39.00
Support: 34.80 / 33.95 / 31.14
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
ALCOA CORPORATION short bullish push expected
Hi viewers, AA price on zone, in last periods bearish trend we have, currently here expecting to see one short bullish push
TP1:37
TP2:38
TP2:39
AA Alcoa Corporation Options Ahead of EarningsAnalyzing the options chain of AA Alcoa Corporation prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-1-19,
for a premium of approximately 3.00usd.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Alcoa to find sellers at previous support?Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98)
Daily signals are mildly bearish.
Previous support at 39 now becomes resistance.
This stock has seen poor sales growth.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
Our profit targets will be 33.98 and 32.98
Resistance: 36.00 / 37.75 / 39.00
Support: 34.80 / 33.95 / 31.14
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Alcoa (AA) Bearish 4HR IdeaWill be waiting for the 15 min trigger on this one
This is a 3:1 Reward to Risk
Possible Diamond Pattern on AAThis could be a diamond reversal pattern forming on AA. If this breaks to the upside, a move from the bottom to the top of the diamond would be expected. Not financial advice.
Alcoa to find resistance at previous support?Alcoa Corporation - 30d expiry - We look to Sell at 38.98 (stop at 40.98)
Daily signals are mildly bearish.
Previous support at 39 now becomes resistance.
This stock has seen poor sales growth.
There is no clear indication that the downward move is coming to an end.
Preferred trade is to sell into rallies.
Our profit targets will be 33.98 and 32.98
Resistance: 37.00 / 39.00 / 42.50
Support: 35.00 / 33.95 / 32.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Will Alcoa Continue Lower?Alcoa rallied early last year after the Ukraine war threatened aluminum supplies. It’s struggled since and now some traders may expect further pushes to the downside.
The first pattern on today’s chart is the series of lower highs since August (marked with red arrows). Those may reflect a lack of long-term interest in the name.
Speaking of long-term moves, the 50-day simple moving average (SMA) recently had a “death cross” under the 200-day SMA.
Third, prices knifed under December’s closing low of $42.22 in mid-March. They formed a tight channel above roughly $38.50, but ended last week below that support.
Finally, the weaker macroeconomic environment may drag on a cyclical material stock like AA.
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AA Alcoa Corporation Options Ahead of EarningsAnalyzing the options chain of AA Alcoa Corporation prior to the earnings report this week, I would consider purchasing
Calls with a 45usd strike price and an expiration date of 2023-5-19, for a premium of approximately $1.11.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
I am interested to hear your thoughts on this strategy.
ALCOA Stock Chart Fibonacci Analysis 031223 1) Find a FIBO Slingshot
2) Check FIBO 61.80% level
3) Entry Point > 44.6/61.80%
ALCOA ($AA) Elliott Waves Technical AnalysisFrom a technical point of view, Alcoa still has an interesting technical structure in play in the medium term. As we can see on weekly chart, the pullback triggered from the last Top reached an important support area around $33 and from here, the market has developed a nice reaction, at the same time however, we need to destroy the important resistance area around $59/$64 to confirm wave 3. If this happens, $AA should be able to trigger a new Top in the medium term. Of course, this setup is not as simple as the last one we shared and published a few years ago (see chart below), but at the same time it could be an interesting trading opportunity, especially if we are able to follow it on small time frame ( daily or intraday chart). Technically speaking, we may have much more information after the next opening bell...
OUR LAST SETUP ABOUT ALCOA
(Click & Play, play, play and play on chart below)
Trade with care! 👍 ...and if you think that my analysis is useful, please..."Like, Share and Comment" ...thank you! 💖
Cheers!
N.B.: Updates will follow below
Alcoa to break higher?Alcoa Corporation - 30d expiry - We look to Buy a break of 58.33 (stop at 53.81)
There is no clear indication that the upward move is coming to an end.
Daily signals are bullish.
The previous swing high is located at 58.24.
A break of the recent high at 57.61 should result in a further move higher.
The primary trend remains bullish.
Our profit targets will be 69.61 and 71.61
Resistance: 55.00 / 58.24 / 60.00
Support: 50.50 / 48.68 / 46.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
EW analysis - A fallen (Dow-) star raises it‘s head I like like the thought that after the end of the corona pandemic some stocks of the „old economy „ may catch up. One of those fallen stars may be Alcoa. I expect double 1-2 move unfold to the upside. The second wave two has ended or is about to end soon.
In the expectation of an ending wave two I built a small long position after the sharp rebound from yesterday‘s low. Unfortunately there was no real follow through and the volume on the daily candle stayed bellow average.
So I‘m now working the idea that ist was the end of an extended wave 3 of C of 2. After a new low in wave 5 a strong move to the upside should ensue that will lead into the 70 region.
My short term looks as Follower.
Alcoa to break higher?Alcoa Corporation - 30d expiry - We look to Buy a break of 58.33 (stop at 53.81)
There is no clear indication that the upward move is coming to an end.
Daily signals are bullish.
The previous swing high is located at 58.24.
A break of the recent high at 57.61 should result in a further move higher.
The primary trend remains bullish.
Our profit targets will be 69.61 and 71.61
Resistance: 55.00 / 58.24 / 60.00
Support: 50.50 / 48.68 / 46.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
Alcoa Corporation (AA)Alcoa Corporation
Long
Entry at 54.62
Take Profit at 62.22 (13.94% profit from entry)
Stop loss at 49.55
Symmetrical TriangleNeutral until broken.
Earnings 1-18 AMC
No recommendation.
EPS (FWD)
4.85
PE (FWD)
9.56
Div Rate (TTM)
$0.40
Yield (TTM)
0.86%
Short Interest
3.71%
Market Cap
$8.20B
AA weekly bearish head and shouldersOrder SELL AA NYSE Stop 36.21 LMT 36.21 will be automatically canceled at 20230401 01:00:00 EST
AA weekly bearish head and shoulders wave 3 of C correction wave
$AA Long Setup$AA Currently 212U Month. If it can continue to push, 45-47$ Short term target. FTFC 🟢
#AA long ideaHello dear Traders,
Here is my idea for #AA
Price closed above yellow line (previous month high)
Price closed (15min Chart) above purple trigger line to enter trade.
Targets marked in the chart (black lines)
Invalidation level marked with red line
Good luck!
❤️Please feel free to ask any question in comments. I will try to answer all! Thank you.
Please, support my work with like, thank you!❤️
AA: Bad earnings report will push down?Alcoa Corporation
Intraday - We look to Sell at 37.00 (stop at 41.12)
This stock has recently been in the news headlines. A sequence of daily lower lows and highs has been posted. We can see no technical reason for a change of trend. Further downside is expected although we prefer to sell into rallies close to the 37.00 level.
Our profit targets will be 27.48 and 22.00
Resistance: 41.00 / 58.00 / 80.00
Support: 27.50 / 17.50 / 10.00
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
