The investment idea “Preparing to have profits on an optimistic report of Alcoa Inc.!” starts working out
The investment idea “Preparing to have profits on an optimistic report of Alcoa Inc.!” starts working out!
As expected, shares of the US metallurgical giant gradually but surely went up. The main reason for this movement remains the US foreign policy aimed at increasing import duties on aluminum and other metals in the US, which could not but affect domestic manufacturers, and Alcoa Inc is one of it.
While the shares of this company are limited to significant resistance and a downward trend. At the same time, the opportunity to enter the transaction at a bargain price still remains, as well as the potential for growth in shares of Alcoa Inc. on the recovery of the general upward trend.
Hanzenko Anton