BY LICIA LESLIE
November 1, 2023
Hi Shoppers,
Alcoa Corporation (Ticker: AA) is on a breakout:
Looks to me like it is ready to trade up to $28.
I like the Nov10 25.50 calls:
Right around a dollar.
Be sure to look for a higher opening and use a close below $24.40 as your stop loss.
Trade Review
JP Morgan Chase (Ticker: JPM) did not trade lower but gapped higher. No trade was made.
It will be interesting to see where it goes after the Fed decision today.
Thanks for Reading … See You Next Tuesday,
Licia Leslie
Licia Leslie
Head of Technical Analysis
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