Alcoa Wave Analysis – 15 December 2025

Alcoa: ⬇️ Sell

– Alcoa reversed from strong resistance level 47.00

– Likely to fall to support level 41.40

Alcoa recently reversed down from the resistance area between the strong resistance level 47.00 (former yearly high from 2024) and the upper weekly Bollinger Band.

This resistance area was strengthened by the 38.2% Fibonacci correction of the downward impulse from January.

Given the strength of the resistance level 47.00, Alcoa can be expected to fall to the next support level 41.40 (former top of the previous wave 1).

Source: https://fxpro.news