Alcoa Inc. (NYSE: AA) (NYSE:AA) Stock Research Trends Targets and Technical Analysis - NYSE New york stock exchange [en]

Today we will analyze the stock Alcoa Inc. (AA) for internet stock trading in the NYSE stock market,
Stock Technical indicators to notice in Alcoa Inc. (AA)
1- Last bearish trend was from 13.74 $ (2/16/2010) to 13.06 $ (2/24/2010) a 0.68 $ move 2- The current bullish trend started from 13.06 $ at 2/24/2010 and is currently trading at 13.57 $. 3- AA current support level is at 13.48 which is the 61.80 % fibonacci retracement of the last 0.68 $ move.
4- AA current resistance level is at 13.74 which is the 100.00 % fibonacci retracement of the last 0.68 $ move.
5- According to ADX Indicator, the trend is currently bearish,which is becoming weaker.
Alcoa Inc. (AA) Short term stock chart patterns for internet stock trading :

6- The Stock traded in a bullish stock channel identifed by support at 13.060 and 12.910,resistance between 13.740 and 13.640, the stock channel is currently supported from below by 13.175 and resisted from above by 13.918.
Alcoa Inc. (AA) Mid term stock chart patterns for internet stock trading :

7- The Stock was supported by a support line, identified by two points: 12.700 and 12.490, and is currently supporting at 12.838.
Alcoa Inc. (AA) Long term stock chart patterns for internet stock trading :

8- The Stock was supported by a support line, identified by two points: 12.490 and 11.900 that was broken down at 13.270 transforming into a resistance line.

Stock Trading Conclusion:
Alcoa Inc. (AA) was trading in a bearish 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 : 13.74, 13.92, 14.16, 14.31.
Stock Support levels : 13.48, 13.45, 13.40, 13.38, 13.32, 13.32, 13.25, 13.22, 13.06,.