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Will ALCOA make the leap?
AA
, W
AA: Will ALCOA make the leap?

Alcoa's PPS is just under a four month downtrend line and sitting precariously on a 50SMA. Next week's action should give us a big clue which way Alcoa is headed in the near term. Close above the trend line and break the trend. Close below the 50SMA and we are in for another cycle of testing the uptrend support. I'll be watching, you?

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