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Alcoa: ⬆️ Buy
– Alcoa reversed from support area
– Likely to rise to resistance level 68.20
Alcoa reversed from the support area between the support level 55.80 (which has been repeatedly reversing the price from the end of January) and the lower daily Bollinger Band.
The upward reversal from this support area stopped the previous intermediate ABC correction (2).
Given the strong daily uptrend, Alcoa can be expected to rise to the next resistance level 68.20 (top of the previous impulse wave (1)).
Source: https://fxpro.news
