Alcoa equity Elliott Wave Update
Back in 2013, Alcoa was recognised as completing its counter-trend decline from the Jan.’10 high of 17.60 into the July ’13 low of 7.63 whilst unfolding into an expanding flat pattern. This represents wave ‘X’ within a larger double zig zag advance that began from the March ’09 low of 4.97: http://goo.gl/gEgF15 . A reversal […]Continue reading «Alcoa equity Elliott Wave Update»
Alcoa is testing its interim upside targets
Late last year, 2013, we published Alcoa forecast showing a double zig zag advance is being in progress from the March ’09 low of 4.97: Yesterday (2014-07-16) Alcoa prices recorded a 16.71 high – a fib. 61.8% cut of the entire projected advance (7.63-27.02) which is the most common measurement within a zig zag […]Continue reading «Alcoa is testing its interim upside targets»
Alcoa
We’d have announced our new bonus programme for the EW-Compass report. At the end of each month, an additional Elliott Wave chart will be added to the report selected from our institutional EW-Forecast database. This may highlight a current theme or chosen to corroborate the prevailing trend of any stock index, equity, bond, currency or […]Continue reading «Alcoa»