Tax Season is Here! Save 15% on H&R Block Online
iconAll times are GMT -4. The time now is 10:16 AM. | Search:

» StockRants Stock Forum » Public Stock Forums » Technical Stuff » Trade Alert: Head & Shoulder Breakdown At Hand On $AA

Thread Tools Search this Thread
Old 06-14-2017, 02:10 PM   Nav to Top  #1
inthemoneystocks's Avatar
Join Date: Jan 2010
Location: NYC
Posts: 91
Favorites: spy
Rep Power: 132
Reputation: 41
inthemoneystocks is on a distinguished road
Default Trade Alert: Head & Shoulder Breakdown At Hand On $AA

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 is offline   Rate this post Yes | No Reply With Quote

AA, Alcoa

Similar Threads
Thread Thread Starter Forum Replies Last Post
Watch: $X Bearish Head And Shoulder Pattern, See The Ugly Target SwingTrade Guru US Stock Picks 0 04-05-2017 03:03 PM
Watch: On Watch: Inverse Head & Shoulder Breakout On $TWLO SwingTrade Guru US Stock Picks 0 03-14-2017 10:33 AM
Watch: Bullish: $JD Inverse Head And Shoulder Pattern Setup AnnabelleTrader US Stock Picks 0 02-14-2017 02:27 PM
Short: WMT Target $58 If Head And Shoulder Pattern Triggers SwingTrade Guru US Stock Picks 0 01-09-2017 11:48 AM
Watch: Epic Breakdown Trendline Alert On JPMorgan Chase & Co. inthemoneystocks US Stock Picks 0 06-13-2016 03:15 PM

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On