ALCOA Inc. (AA)

[fung_derf]

Resistance at $37 currently.
I'd consider above $33 due to a dividend though. Not before.

[JD400]

Alcoa $AA CEO On 4Q Earnings & Alumina Shipments

Jan 18, 2024 #alcoa #markets #global
Alcoa (AA) is the world’s eighth-largest producer of aluminum. President and CEO Bill Oplinger joins Oliver Renick to give an overview of the company. He talks about Alcoa’s 4Q earnings. Its adjusted EPS came in at -$0.56 versus an estimated -$0.99 and revenue came in at $2.60B versus an estimated $2.61B. He goes over the outlook for the company as its alumina shipments came in at 12.7M -12.9M metric tons. Tune in to find out more about the stock market today.

[fung_derf]

meh

[MONICALAW]

Maybe keep it in My portfolio
👍👍👍

[fung_derf]

Are you giving yourself a thumbs up? Better sell it around $33 and change.

[MONICALAW]

I bought AA at 25. Thank you 👍

[MONICALAW]

Thank you 😊

[fung_derf]

I'd hold off right now. In fact, based on the downtrend its now showing, I'd be looking elsewhere entirely.
This stock was a Covid play, with very slow swings and a dividend not high enough to wait on.

[MONICALAW]

My next buy

[fung_derf]

Looks like Dorsey Wright agrees with you though.....guess we will see....

This is a strong stock in a Favored sector. AA (Alcoa Inc.) possesses 3 positive technical attributes and the last direction of the attributes was to the upside. The stock's RS chart is on a sell signal versus the market and the current column is X's showing recent strength relative to the broad averages The stock's Peer RS chart is on a longer term signal indicating that it has Peer RS Strength an index of its peers. However, the shorter term Peer RS column is in O's showing recent weakness versus its peers. Absolute indicators for AA show that the trend is positive. Alcoa Inc. trend chart is on a on a buy signal.

[fung_derf]

Based on my charting, AA tested resistance, but failed to breakout. I see a couple of big resistances ahead of it, the big one at $38.20 currently.

[Chartmaster]

No, That's a pic from the late 1990's Gold chart back when I did hand plot charts for years b4 computer age...AA had a KEY REVERSAL DAY Friday! And stochastics buy signal! 30.09 will not be breached imo

[fung_derf]

You're charting by hand??!!
And you say you're doing it for entertainment? Wow! You're putting in some effort.
Unfortunately, my charts are showing this breaking down, not up.

[Chartmaster]

KEY REVERSAL DAY ALERT!!! 30.09 WILL NOT BE BREACHED NOW IMO!!!

[Chartmaster]

Bought 4 April 35 calls today 2.28

[fung_derf]

And people say charting doesn't work!!
I called this within pennies.

[fung_derf]

It was a Covid play. Then fell back to its means.

[harry crumb]

Ugly 1 yr chart, wow

[oilizit]

When they're cryin', you should be buyin'.
War machine cranking up, what do you think that does to aluminum? Just my opinion, of course!

[fung_derf]

It doesn't look good. Wondering if any commodity other than gold looks good right now?

[harry crumb]

1year chart looking terrible

[Monksdream]

AA new 52 week low

[Fat Thor]

Let's see 45s

[Chartmaster]

Bought Oct 40 calls today!

[fung_derf]

Maybe, but current resistance at $58.51

[harry crumb]

Good time to het back in an hold for another double up! $$$$

[Lowjack]

I expect Aluminum will fall due to demand destruction during this recession.

Ring register!

[Louinjaxxx]

BBC WORLD NEWS says to expect the price of Al-u-men-e-um will be rising.

[Lowjack]

Thinking of flying to Spain to get hired at Alcoa. Two years free pay!

Would be a whole lot cheaper to put a coal fired power plant right there!
The added benefit would be better soil in a small radius around the plant.

[Lowjack]

You're still in a downtrend!


How about you edit your graphic to include Bush and that Monkey that was born in Africa.

[harry crumb]

Nice run up on this to date. $$$$

[Chartmaster]

Bought March 50 calls

[masterofdisaster]

AA has been an ATM this year

[nowwhat2]

Kay so.....This thing's now at 57.....Did you play the 50 ?



Reported 3 days ago

[nowwhat2]

Alcoa Corp (AA) is expected to report $1.71 for 3Q.
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=Stock&symb=aa&x=53&y=6&time=100&startdate=2%2F1%2F2020&enddate=12%2F30%2F2021&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9

[nowwhat2]

Kay now what was we sayin' about Alcoas' $50 ?


Oh yeah....
August 24th


https://investorshub.advfn.com/boards/read_msg.aspx?message_id=166105180

[Supersue]

GET ready for a banner day.

[Lowjack]

Still in a downtrend! It will stay that way as long as the idiots continue voting for D!

[zeusgodmd]

I think amount of sell was bidden said he was not going to sign bill then on Saturday said no that’s not what he meant go figure

[zeusgodmd]

New infrastructure bill this Thursday for approval only 1 trillion let’s see what happens stock increased to 50 dollars a share and 56$ by 2 different companies hard to believe I was flipping it at 8$ a year ago

[zeusgodmd]

Some big boys may have to cash in some shares here with margin calls

[zeusgodmd]

I see 19

[zeusgodmd]

Should seen 19$ soon

[zeusgodmd]

They said they made 1 billion selling assets but profit was around 40 million. Seems like a bigger loss trying to sugar coat it. Manipulating results

[DTGoody]

Ouch! This does not look Good! This is headed back down tomorrow.

[zeusgodmd]

They are making so much money they are going to sell more plans

[zeusgodmd]

Company this big can only make 40 million profit and they owe over 1.5 billion in bonds how long will that plan take to pay back

[zeusgodmd]

Only 7 days til conference call good luck but I don’t think it will be good

[zeusgodmd]

Alcoa sell some shares while you popped this stock. 100 percent run I would not have believed it. Selling pressure coming for the end of the year capital gains

[zeusgodmd]

Selling there aluminum can business should be profitable must be hurting for money. Sale of stock next with this run