Wednesday, June 14, 2017 1:33:34 PM
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
Recent AA News
- TSMC Revenue Rises 13% in Q1, Alcoa Exceeds EBITDA Expectations Despite Loss, and More Earnings News • IH Market News • 04/18/2024 11:14:18 AM
- Alcoa Corporation Reports First Quarter 2024 Results • Business Wire • 04/17/2024 08:10:00 PM
- US Index Futures See Gains, Oil Prices Dip • IH Market News • 04/17/2024 10:59:02 AM
- Alcoa Schedules First Quarter 2024 Earnings Release and Conference Call • Business Wire • 03/26/2024 08:30:00 PM
- Alcoa Corporation Announces Closing of Inaugural Green Bond Offering • Business Wire • 03/21/2024 08:30:00 PM
- Alcoa Enters into Binding Agreement to Acquire Alumina Limited • Business Wire • 03/11/2024 10:42:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/07/2024 09:19:32 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 03/05/2024 12:18:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/27/2024 09:32:46 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/26/2024 09:36:41 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/26/2024 09:34:37 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 02/26/2024 09:32:51 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 02/26/2024 01:44:56 PM
- Broadcom in Talks to Sell Computing Unit, Alcoa Acquires Alumina for $2.2 Billion, and Latest News • IH Market News • 02/26/2024 10:55:58 AM
- Alcoa Announces Agreement With Alumina Limited on Terms and Process to Acquire Alumina Limited in All-Stock Transaction • Business Wire • 02/25/2024 10:04:00 PM
- Alcoa Corporation Declares Quarterly Cash Dividend • Business Wire • 02/22/2024 04:00:00 PM
- Alcoa’s President and Chief Executive Officer, William Oplinger to participate in BMO 2024 Global Metals, Mining & Critical Minerals Conference • Business Wire • 02/19/2024 01:30:00 PM
- Alcoa to supply Nexans with low-carbon aluminum, including metal from ELYSIS™ technology • Business Wire • 02/01/2024 01:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:28:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:23:08 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:22:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/31/2024 09:21:59 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 09:19:16 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 09:18:35 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 01/26/2024 09:16:48 PM
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