Stocks

3/18/2010

AA: AA目前是突破后回探頸線支撐的走勢，突破昨天高點后市仍將繼續上行
礦業股 aa2010年每股收益預期0.84，暫無增長率和市盈率資料

Alcoa(AA). Alcoa's increased focus on higher-margin aluminum products has been slow going in 2010, and shares are down double digits since Jan. 1. But a breakout in yesterday's trading could leave this stock set up for a serious upside pop in the next week.
Alcoa starting forming an ascending triangle -- a bullish pattern characterized by a set resistance level and higher lows -- back in February. But it wasn't until yesterday that shares actually staged their breakout, with strong economic data as the catalyst.
Shares of Alcoa don't face another meaningful price ceiling until $17, so expect traders to be watching shares intently for the opportunity to snag a nearly 18% gain quickly. Wait for a second consecutive open above the horizontal blue line before going long yourself.