Since economic new was bad, it broke the $13.30 support as expected and dive down to $12.90, there was strong support at $12.93 today where buyers kept pushing the price upwards as soon as it falls there.
If tomorrow economic news comes out good then it is in our BUY zone.
Otherwise, we have to wait and see what candle would appear tomorrow, it could either bounce from the 200SMA or it could break it and things will get nasty. We will really see $11.80.
BUY ALCOA INC. only if economic news is good.
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