giltorres7714

AA 200 MA and Resistance Break to Continue Bull Trend.

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NYSE:AA   Alcoa Corporation
AA is in a long term bullish trend. Currently it is on a pullback and I believe it is about to break out of that pullback and continue bullish creating a great swing opportunity. A few days ago AA released its earnings for the quarter and beat estimates by 15.95%. Just a few days later AA has now broken back above the 200MA and on top of that is broke through a resistance trendline. I believe that it is going to continue its bullish trend off this news.

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