Monday, April 23, 2018 2:20:16 PM
Shares of Alcoa (AA) have been on a wild ride. In April 2018, the aluminum player surged almost 50% into earnings. After reporting solid quarterly numbers, Alcoa fell as profit taking took over. Today, the stock is falling 14% after news that a Russia producer of aluminum may be exempt from sanctions. The stock is in free-fall which is great for us as swing traders. I alerted to a major short last Thursday at $62.15. With the stock trading at $51.65 just two days later, I am now starting to scope out a buy level. The technical level of support to buy is $50.00. This will yield a major bounce. Swing trading is the only way to trade in this market. The whips in stocks make it the only way to generate huge returns.
Gareth Soloway
InTheMoneyStocks
Recent AA News
- 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
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 07/08/2024 08:32:11 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 07/08/2024 08:31:41 PM
VHAI - Vocodia Partners with Leading Political Super PACs to Revolutionize Fundraising Efforts • VHAI • Sep 19, 2024 11:48 AM
Dear Cashmere Group Holding Co. AKA Swifty Global Signs Binding Letter of Intent to be Acquired by Signing Day Sports • DRCR • Sep 19, 2024 10:26 AM
HealthLynked Launches Virtual Urgent Care Through Partnership with Lyric Health. • HLYK • Sep 19, 2024 8:00 AM
Element79 Gold Corp. Appoints Kevin Arias as Advisor to the Board of Directors, Strengthening Strategic Leadership • ELMGF • Sep 18, 2024 10:29 AM
Mawson Finland Limited Further Expands the Known Mineralized Zones at Rajapalot: Palokas step-out drills 7 metres @ 9.1 g/t gold & 706 ppm cobalt • MFL • Sep 17, 2024 9:02 AM
PickleJar Announces Integration With OptCulture to Deliver Holistic Fan Experiences at Venue Point of Sale • PKLE • Sep 17, 2024 8:00 AM