The technical situation of Alcoa appears constructive. The stock, after leaning on the solid graphic support located in the $33.60-33.30 area, in fact made a quick leap forward and moved close to $40. The short-term trend is therefore positive: the breakout of 40 dollars will open up further room for growth (with a first target in the 40.40-40.45 area and a second target at 40.80-40.85 dollars). It is difficult for now to hypothesize a bearish trend reversal: from a graphic point of view, in fact, only a drop below $33 could provide a negative signal and trigger a rapid correction which will have a first target in the $31-30.85 area .
From an operational point of view, a Long x2 fixed leverage SG Certificate can be used.
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