Obviously, buyers are left with less than enthusiasm after the Goldman Sachs comments about the fourth quarter. Perhaps it will be testing resistance at 1.25 euro and then 1.20 euro.
With no new significant news from ALU, these next couple of days may be a trial.
Any of this can change at a moment's notice.
At any rate, America makes the next move, so we'll have to sit and wait an hour or so more to see. Europe is content with a price around $1.67
In early Trading you can see a Correction or Stop-Loss Fishing.... In one hour we know more....
Well its simple! Nothing goes straight up and it will make a technical correction to the next support line! Why would you expect people to buy ALU after such a big run in a few days? Only idiots chase! I ll wait for 1.40s
Correction not SL-Fishing. Healthy after this Run-Up. I will be a Buyer in the Range 1.50-1.60. But my hope is it will not go that low....
A nice Patent Deal, or Asset Divest could blow away this Correction in Seconds....
going back up ! only down 1 percent now
Sentiment: Strong Buy