Alcoa had a very reasonable day, considering the main market.
AA, daily, near term
The $9.50 level seems to bringing in the buyers. The current formation is a clear bull flag, certainly not the best flag - being so close to the previous low, but..still, AA does not make for a great short into earnings play.
Near term upside would be $10..maybe 10.25, especially if main market can stabilise, at least no lower than sp'1365/70
*earnings are actually at the close Tuesday - not Monday (as I had stated at the weekend, I guess I should not rely entirely on yahoo! finance so much).