Alcoa Corp

AA remains in a medium-term uptrend with higher highs and higher lows intact, but recent slip below the 9/20 EMAs into the 50-day SMA support zone demands confirmation. RSI and Options Score are neutral, indicating no exhaustion, yet timing is unfavorable until price holds and reclaims short-term EMAs. A sustained hold above the 50-day SMA near August lows (~4748.5) would signal renewed upside, while a break below would invalidate the bullish bias.

• ↑Revenue up 24% YoY to $4B, driven by higher metal prices.
• ↑Gallium facility at Wagerup to produce 100 t/year, diversifies revenue.
• ↓Alumina output guidance lowered to 9.5–9.6 Mt amid Pinjar disruptions.