OnlyFibs
Nov 8, 2:07 AM
$AA | WEDGE APEX WATCH (BEARISH FLOW LEAN) ⚖️🐻
🏢 Business & Value: Global bauxite, alumina, and aluminum powerhouse! Crushed Q3 2026 earnings (
$1.82 EPS vs
$1.51 est.,
$3.7B rev,
$472M FCF) with
$4.4B cash on hand!
🚨 Chart Setup: Coiling right at the apex of a multi-month 8H falling wedge! Price is pinned right beneath the
$40.00 Call Wall & Max Pain ceiling, while 7-day options flow leans Bearish (-3 score,
$1.1M bear vs
$609K bull) with -
$463K negative GEX primed to amplify the breakout move! 📉💥
🎯 Key Levels to Confirm:
• Bull Trigger: Reclaim
$40.50–
$42.40 ➡️ Targets:
$45.50 /
$50.00 /
$61.60 🚀
• Bear Trigger: Hard break below
$35.00 Put Wall /
$34.67 low 🛑
• Dealer Magnet:
$40.00 Call Wall & Max Pain pinning price action! Watching which way this 8H aluminum wedge snaps out of negative GEX! 👀⚡#AA #stocks #hovdid
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