Alcoa hits fresh 52-week high after acquiring Firth Rixson The shares are off the earlier session high at $15.18, which is a fresh 52-week high and now resistance. Next resistance about that high is at $15.48, a pivot low from 2011 on a closing basis. Support is at $14.72.
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.