The Alcoa Analog

I’ve pointed out in prior videos the incredible similarities Alcoa (symbol AA) has been painting on its chart recently compared to the prior peak in 2007. This is continuing to play itself out beautifully, with the prospect of much lower prices to come not just over the next few hours, but perhaps years:

0409-aa

 

This blog is not, and have never been, investment advice. It is a place that allows me to express my own views on the market and specific securities – as well as make whatever cultural ...

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