Reviewing a longer term chart of Alcoa, it's hard to miss the cyclical nature of this stock. Regularly hitting cycle lows in March each two years. Stochastics still falling and a closer analysis indicates that there will be one more leg down. However, now is the time to put this one on your radar.
I have already taken a position but had sold January calls to generate some income while I am waiting for this to bottom. Think that with inflation not backing down, this one is going to be a big winner for the next two years. Notice that the tops are pretty regular as well.
I have already taken a position but had sold January calls to generate some income while I am waiting for this to bottom. Think that with inflation not backing down, this one is going to be a big winner for the next two years. Notice that the tops are pretty regular as well.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.