CENX has multiple bottoms, and multiple tops. Yesterday, the stock managed to break through a rather strong resistance point that has been created by the many tops earlier. However, it has not fully broken through the top.
My take is that the stock will experience another minor short threatening as BEARS still believe that aluminum price cannot rise too high.
Aluminum price is currently at 91cts/lb. See the link above (Aluminum stuff).
So for daring shorters, you can place a short position at above $11. For Longs, place a long position below $10.2
Disclosure: no position
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