KALU - Reversal on strong support level

KALU

Kaiser Aluminium Corp

- #KALU retraced from the high of USD 108 to $84
- The $84.00 level has been a strong resistance/support in March, June and November 2020
- Combine an RSI and MACD that are signalling potential reversal
- A close above the 50MA would give even more a push to the upside
- Buy USD 94.00
- TP1 USD 100.00
- TP2 USD 108.00
- SL USD 84.00