Alcoa Corp AA

Metals & Mining Aluminum

Alcoa Corporation is a vertically integrated aluminum company, which is engaged in bauxite mining, alumina refining, aluminum production (smelting and casting) and energy generation. Its Alumina segment consists of its worldwide refining system, which processes bauxite into alumina. The alumina produced by this segment is sold to internal and external aluminum smelter customers; a portion of the alumina is sold to external customers who process it into industrial chemical products. Its Aluminum segment consists of worldwide smelting and cast house system, which processes alumina into primary aluminum, and portfolio of energy assets in Brazil, Canada and the United States. Its smelting operations produce molten primary aluminum, which is then formed by the casting operations into either common alloy ingot or into value-add ingot products. It owns and controls Alcoa World Alumina and Chemicals joint venture that owns, operates or has an interest in bauxite mines and alumina refineries.

NYSE:AA - Post by User

Alcoa Corp

Bullboard Posts

Post by stocknutfanon Jan 07, 2007 3:15am

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Post# 11968549

RoBTV: Jeff Parent, Technical Analaysis

TECHNICAL ANALYSIS

Jeff Parent, associate portfolio manager, Research Capital

WI-LAN (TSE:WIN): stock has essentially become another company..turned around quite dramatically..big jump on some news..reached plateau level where it is getting to break out..if you bought today, good place to buy..sideways bulk of December..looks like potential to make new jump..alot of stocks like this will come from nowhere..want to be careful, do not want stock to go back to $3.25, just above 50-day MA..point of resistance..

PETROBANK ENERGY (TSE:PBG): going sideways, if you consider range $13-18..stock like this has reached point of value associated..$14.20 and $17.60 lot of volume traded..if you break out of it can do well..I think this is probably one of those stocks that might not see huge returns..I think on downside, probably around $14.00..volatile, I would probably stay away from this..if it can break out of $19.00, few more dollars

BIOTEQ ENVIRONMENTAL (CVE:BQE): couple of parts to this stock..first, breakout from long-term range, coming down to test range again before going to upside very significant..the volume and liquidity of stock has been improving as well..stock gone through transformation..back in 2004 was not trading on daily basis..stock that goes from 80 cents to $1.20 and $1.70, there is something that is happening with this company..I would say on downside be careful..$2.20 reasonable point to come down, on upside $4-5..

SOLEX RESOURCES (CVE:SOX): during sideways motion, volume dropping out, some news event..this stock has not pulled back yet, still on bit of a rally..couple of best points of this stock looks like there is lot of room to move..this is very hot area..people are looking for next hot..lot of liquidity, important because people are focusing on this stock..on downside you want to be very careful if it pulls down below $1.00..have to keep in mind if you have already position in it..

CISCO (NYSE:CSCO): very large cap stock..every dollar that moves, billions in market cap..tremendous amounts of capital to make move up..very encouraging to see move up..first break and then another gap up, one-day move..tremendous amount of buying..now however we do not see turnaround..we have reached now consensus valuation..downside $26, upside $28..do not think it will move much in next 2-3 months, already reached large valuation level..

ING CANADA (TSE:IIC): I can understand why somebody would enter, low level of trading range..however, trading range is bound by $53.25, critical support level, has not stayed below that level long..I am inclined to think that because of decline here, MACD negative, volume bit confusing at end of year..because the rally should have occurred by now, seeing more sellers..I think you are probably likely to see down to $48 on downside..if it does go up, I think it will wait until $54 to confirm before taking position..

PAST PICK TECO ENERGY (NYSE:TE): timeframe was two months..TECO I said it will go to $17.50..I have positions in it for my clients..

PAST PICK VERIZON COMMUNICATIONS (NYSE:VZ): VERIZON I mentioned 50 cent loss, you would have taken 50 cent loss November 3, 2006..it did dip down to $34.00, would be good time to exit..want to make sure that if you are taking position, be prepared to sell..I still like the sector, might consider re-entering this stock..I never did buy any positions but I do not think I would be running back into it..hard to call double top just yet, need to wait for confirmation

PAST PICK ALCOA (NYSE:AA): another one that upside target was $31.00..actually did hit $31.00, trading above that for a week..trading back down to $29, currently around $30..6 months chart would see pullback..still healthy, higher bottoms..when it was trading at $31.00, was going sideways, never a good sign..however, it is bad sign at the top of a long-term trend, this is just the beginning of a trend..