The question is will Alcoa recover or crash from here? I don'y know, but so fat the days low for AA is $16.11. Now if Alcoa is going to recover and go to $100 per share by the end of the day then I would not expect for it to trade below it's established low. So, move your stops to $16.10 and let make the market take you out.
Monday, April 18, 2011
Trade Update: AA
The question is will Alcoa recover or crash from here? I don'y know, but so fat the days low for AA is $16.11. Now if Alcoa is going to recover and go to $100 per share by the end of the day then I would not expect for it to trade below it's established low. So, move your stops to $16.10 and let make the market take you out.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment