AA - climbing with the main market

With the main market building significant gains across the day, Alcoa (AA) settled higher by 4.3% @ $15.05. Near term outlook is for broad upside... first target is the $18 threshold. Long term upside to $25 appears viable in latter half of 2015.


AA, daily

AA, monthly

Summary

I have a lot to say on Alcoa, but for now...  it has almost certainly formed a floor of $14.41... around the 200dma.

I am seeking much higher levels... first target is 18s... and then much higher across next year..to $25.