Stock Technical indicators to notice in ALCOA (AA.SW)
1- Last bullish trend was from 11.75 $ (11/13/2008) to 12.75 $ (11/14/2008) a 1.00 $ move 2- The current bearish trend started from 12.75 $ at 11/14/2008 and is currently trading at 10.00 $.
ALCOA (AA.SW) Short term stock chart patterns for internet stock trading :
4- The Stock was resisted by a resistance line, identified by two points: 12.750 and 13.700, and is currently resisting at 11.800.
ALCOA (AA.SW) Mid term stock chart patterns for internet stock trading :
5- The Stock was resisted by a resistance line, identified by two points: 12.750 and 13.700, and is currently resisting at 11.800.
ALCOA (AA.SW) Long term stock chart patterns for internet stock trading :
6- The Stock formed a 3.800 $ height triangle which was broken down at 12.350, target of the pattern is 8.550.
Stock Trading Conclusion:
ALCOA (AA.SW) was trading in a strong bullish wave, which is becoming weaker .
Technical indicators and stock chart patterns show bearish direction,
recommend hedging long positions or entering short position or bearish spread options strategy in online trading .
Stock Resistance Levels : 10.65, 11.05, 11.38, 11.70, 11.80, 12.75, 14.50, 14.53.
Stock Support levels : 8.55.
Related Stocks
| ABN AMRO HOLDING |
| ANGLO AMERICAN |
| APPLE |
| ABBN 2L (EUREX) |
| ABSOLUTE EUROPE |