Article By:
Tim Knight
Thursday, June 23, 2022 12:04 PM EDT
Alcoa is in a terrific topping pattern.
In this article: AA
Alcoa Corp. Shares Plunge Following Q4 Earnings Miss
$AA has had a great year on the back of rising aluminum prices. At this point with the stock selling off so heavily on a relatively decent earnings report it could mean expectations are out of line with reality. With that being said a pull back to $50 a share could be a good thing in the long run.
7 Weekend Shorts
You may get a dime or so, but I doubt it. Good luck with that. $AA is not a good short. (IMO).