For reference, I bought Alcoa in the $25 range, and other metal/oil stocks early last year as I thought commods were undervalued then.
While they have all seen a decent profit, Alcoa has stood out to be the most profitable (currently around $80).
I didn't expect it to do so well as my exit strategy was like low $60 but it kept going up so I just held. Now it's at the $80 range and I'm just not too sure if I should sell now. (Yes I'm a bad trader haha).
Anyone with insight into Alcoa/ the aluminum industry? Should I just close my position?
Leave a Reply