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Arconic Breakout

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Arconic Inc. (ARNC) engineers, manufactures, and sells lightweight metals of aluminum, titanium, and nickel worldwide. It operates through three segments: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. The company is set to benefit from the strong global economy which will increase demand for its lightweight metals. Arconic is a leading provider of Aluminum to the aerospace and automotive industry which are both experiencing strong demand. The stock recently broke out to all time highs after a prolonged period of consolidation. Watch for the trend to continue higher, but sell if the stock falls back below its recent breakout.
Catatan
Arconic fell below its recent breakout. Waiting on the sidelines for the time being.
gthom9
aerospacealuminumautomotiveBeyond Technical AnalysisbreakoutChart PatternsTrend Analysis

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aerospacealuminumautomotiveBeyond Technical AnalysisbreakoutChart PatternsTrend Analysis
gthom9

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.