Alcoa: Just Another One Of The Dogs Barking
Alcoa Inc (NYSE: AA) shares are trading higher by $0.40 at $8.52 in Wednesday's session. The issue has been bolstered by a recent shift in investor sentiment of purchasing undermining issues.
It is trading higher for the third day in a row, rallying 16 percent from $7.33 to its current level over those three days.
After a higher open, it retreated $0.03 to $6.20 before continuing higher. So far, it has reached $8.63 before pulling back to the $8.50 area.
The current high coincides with its November 8 of $8.56.
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