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Todays Big Stock Wealthpop News

What Breaking This Trend Could Mean For Alcoa


Trend is one of the most important concepts to learn when it comes to trading. Being able to spot trend and act on it to turn a profit is what this business is all about. Once you are able to properly identify which way price is moving, you can begin to see all the opportunities like they’re been laid out in a map of the market.

Today, our stock has a clearly defined trend, what traders are constantly on the lookout for. Alcoa Corp. (AA) has a classic example of an uptrend over the past several weeks, and as you can see in the video, spotting this trend channel clearly outlines just where our opportunities are. While this chart may look bullish, lower prices might actually be in store.

Check it out to find out why!

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Get a jump start on your options education and put yourself in position to win in 2023. Sign up today! Until then…

Good Luck!

Christian Tharp, CMT

Christian Tharp

I am an expert stock market coach having helped over 4000 beginner and advanced traders & investors from around the world take control of their financial futures. I also write stock market related articles for the Adam Mesh Trading Group. My Chartered Market Technician (CMT) designation substantiates me as an expert in areas such as the technical analysis of stock trends, market indicators, cycles, price patterns, Elliot Wave principles, Candlestick charting, analyzing financial trends and behaviors, portfolio strategies, and forecasting future price movements. With my straightforward approach to simple, systematic trading, students learn how to strategically assess buy signals and market entry timing, establishment and management of stop losses, and how to employ a simple and disciplined trading approach that creates profits.

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