GroundNinja

AA: Intraday continuation

Long
NYSE:AA   Alcoa Corporation
AA: Intraday continuation with the Energy Sector taking the lead for the day. AA fresh from monster earnings found support on the 200ma and has pierced the 20ma to recapture previously auctioned price shelves to the upside. AA is continuing an upwards channel it has oscillated in since July 2021. With a -5% weekly and -2% monthly move, the entry is prime price for the upside// Target Price: 65.15, ATR: 3.27 , Beta: 2.34
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