Home Become a Member Contact Us WinPicks Software Scoresline Sports Forum

Forums   Register   Profile   Inbox   Address Book   Subscribe   My Forums   Search   FAQ   Login   Log Out
Trade Alert: Head & Shoulder Breakdown At Hand On $AA   Logged in as: Guest
Users viewing this topic: none
  Printable Version
All Forums >> [Market Talk] >> Technical Analysis >> Trade Alert: Head & Shoulder Breakdown At Hand On $AA Page: [1]
Login
Message << Older Topic   Newer Topic >>
Trade Alert: Head & Shoulder Breakdown At Hand On $AA - 6/14/2017 12:11:44 PM   
InTheMoneyStocks

 

Posts: 34
Joined: 6/12/2009
Status: offline
Shares of Alcoa Corp (NYSE:AA) have an ugly head and shoulder pattern formation on the stock chart. While the head and shoulder pattern has not triggered yet, it is on the verge. If it triggers, there is huge downside to $23.00. The current price is $31.50. That means there is potential downside on Alcoa Corp of 27%. The key for investors is to watch for the neck-line to break. That is at approximately $31.00. Keep in mind, it needs to be a daily close below $31 to trigger. Once that happens, game on! Head and shoulder patterns are nasty and Alcoa Corp has a beautiful one.



Gareth Soloway
InTheMoneyStocks
Post #: 1
Page:   [1]
All Forums >> [Market Talk] >> Technical Analysis >> Trade Alert: Head & Shoulder Breakdown At Hand On $AA Page: [1]
Jump to:





New Messages No New Messages
Hot Topic w/ New Messages Hot Topic w/o New Messages
Locked w/ New Messages Locked w/o New Messages
 Post New Thread
 Reply to Message
 Post New Poll
 Submit Vote
 Delete My Own Post
 Delete My Own Thread
 Rate Posts


Forum Software © ASPPlayground.NET Advanced Edition 2.4.5 Unicode

0.015