Tuesday, September 15, 2009

KALU Breakout

Kaiser Aluminum Corp (KALU) is attempting to breakout this morning from a triple top ascending triangle. Previous highs being taken out from November 2008 ($37.67), June ($37.41) and July 2009 ($37.33). KALU has traded as high as $38.14 today.

Trading history:
September 15th, Bought KALU for $39.47
September 15th, Sold KALU for $40.57 (+$1.10, +2.8%)

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