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
- Form SD - Specialized disclosure report • Edgar (US Regulatory) • 09/25/2024 08:26:08 PM
- Alcoa Schedules Third Quarter 2024 Earnings Release and Conference Call • Business Wire • 09/25/2024 12:30:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 09/16/2024 12:26:30 PM
- Intel Secures $3.5 Billion Subsidy, Stellantis Backs EU Emissions Targets, BP and Apollo Reach $1 Billion Deal • IH Market News • 09/16/2024 10:03:27 AM
- Alcoa Announces Agreement to Sell its 25.1% Stake in Ma’aden Joint Venture to Ma’aden • Business Wire • 09/15/2024 01:23:00 PM
- Alcoa Executive Vice President and Chief Financial Officer Molly Beerman to Participate in Conferences Hosted by Jefferies and Morgan Stanley • Business Wire • 08/26/2024 12:30:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 12:34:51 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 08/14/2024 12:34:23 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:10:46 PM
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 08/09/2024 08:09:40 PM
- Alcoa Announces Investor Relations Leadership Transition • Business Wire • 08/06/2024 12:30:00 PM
- Alcoa Issues 2023 Sustainability Report • Business Wire • 08/02/2024 12:29:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 08/01/2024 11:47:47 AM
- Alcoa Completes Acquisition of Alumina Limited • Business Wire • 08/01/2024 11:43:00 AM
- Alcoa Corporation Declares Quarterly Cash Dividend • Business Wire • 07/31/2024 10:05:00 PM
- TSMC Net Profit Hits $7.6B; Nokia Sees 32% Decline in Operating Profit; Novartis Boosts Outlook After Profit Surge • IH Market News • 07/18/2024 09:53:54 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 08:16:20 PM
- Alcoa Corporation Reports Second Quarter 2024 Results • Business Wire • 07/17/2024 08:10:00 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/17/2024 12:30:23 PM
- Tech-Led Decline in U.S. Index Futures Pre-Market, Oil Prices Steady After U.S. Inventory Drop • IH Market News • 07/17/2024 10:30:52 AM
- Alcoa Corporation Announces Stockholder Approval in Connection with the Proposed Acquisition of Alumina Limited • Business Wire • 07/16/2024 01:00:00 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/11/2024 08:30:17 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/10/2024 08:30:17 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/10/2024 08:20:55 PM
- Alcoa Corporation Releases Preliminary Second Quarter 2024 Results • Business Wire • 07/10/2024 08:17:00 PM
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