Gann down, Bollinger missedAA is still in neutral territory, but once the WMA 21 is broken we shall see much lower rates. I prefer this as volume fell considerably at the resistances Gann 2/1 and upper Bollinger. Shortby motleifaul220
Alcoa clone studyUsing clones to predict timing of the next peak in AA with this this chart. In the green and orange shaded boxes I am looking for the mid point of the cycle. In the next set of blue and red boxes ,now that I have the mid point identified, I am using half cycle clones to predict the next peak. Finally, the last red and blue set of boxes I am attempting to predict the timing of the next peak in AA. by littleriver0
Alcoa, Rio Tinto and ACH - long perspectivesRio Tinto is one of the biggest extracting companies, of aluminium, so it has a direct correlation with its price. We can observe higher highs and lows. (On the aluminium price a double bottom formation is almost finalized, a break might bring further appreciation) Alcoa and Aluminum Corporation of China Limited, have also a direct correlation with the aluminium price. And as we can see they are consolidating really close to a bottom. A rise in the price of the metal will drag a rise in the stocks price. RIO TINTO - The bounce from the trend line might send the price to the rejection line ALCOA - A break through the resistance might send the price to the price pattern's target ACH - The bounce from the rejection line might send the price to the resistance, and later confirm the upward move with a HL, just like RIO and AA. Overall bullish signs from the TA, but also positive signals from the fundamentals which might help Aluminium price to get higher.Longby Razvan10103
Alcoa vs China (FXI)This picture is worth a thousand words. It basically shows me that Alcoa's chart has been the rough equivalent to China's stock market, but with the added price volatility it is a leveraged play on FXI. This is simply "interesting" and thought you all would enjoy seeing this chart. By: Technical Tim, Monday, April 2, 2012 4:22PM ESTby timwest992