By Licia Leslie
July 28, 2024
Hi Shoppers,
Alcoa Aluminum(Ticker: AA) has an inverted hammer with confirmation at the support level:
The 200 day moving average is just below also providing support.
AA looks primed to bounce back up to $36.77 – $37.53.
I like the Aug16 34 calls:
Use a close below $32.50 as your stop loss.
Trade Review
Marvell Technology (TIcker: MRVL) traded higher on Friday. Once it clears $66.21, next stop will be $69.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
See what's hot at option pit
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