Alcoa near 52-week high, levels to watch Shares are up over 3.7% to $13.75 following a report yesterday that the company had entered the energy trading market in Brazil. The 52-week high is at $13.89, with resistance above that level at $14.24. Support is at $13.49.
Alcoa rallies with Freeport-McMoRan, materials sector Shares are up over 5% to $9.33 at time of writing, putting it above downtrend resistance at the 10-day moving average. At that price next resistance is at $9.51. Support is at $9.19.