Technical Analysis on Alumina Limited and Noranda Aluminum Holding - Aluminum on Verge of Rebound
NEW YORK, NY -- (Marketwire) -- 11/13/12 -- Slightly higher prices on the London Metals exchange are helping the aluminum industry but demand will need to pick up significantly for a lasting recovery to begin. Recent performances from producers like Alumina Limited and Noranda Aluminum Holding Corporation have been encouraging but numerous headwinds remain in place for investors to become optimistic about the direction of the industry. StBulls.com has initiated technical analysis on Alumina Limited (NYSE: AWC) and Noranda Aluminum Holding Corporation (NYSE: NOR) which serves the Aluminum industry. These reports are free upon registration at
www.StBulls.com enthuses to bring the best from the internet under one roof, providing you with a one click opportunity to view what the market and financial researchers globally have to say about any particular bellwether stocks in any given financial environment. We work with a number of financial professionals that use their acute knowledge to help you manage your understanding of the market. To be part of this community please sign up at
Higher pricing will also help the industry by alleviating some of the competitive pressure that's built up during its recent downturn. Essentially, soft demand levels forced producers to generate sales by besting competitors' prices. These efforts, while partially successful in sustaining sales, caused margins to narrow and profitability to wane. The recent uptick in aluminum prices should facilitate some flexibility for producers and help them become more profitable. Read our technical analysis on Alumina Limited by clicking on
http://www.stbulls.com/AluminaLimited13112012.pdf
China will ultimately be the key driver for the industry's comeback if its economy resumes expanding at a faster rate. Soft demand in the country has been the chief contributor to aluminum's bleak outlook. Companies with less exposure to the country may be best suited in the short-term. Investors looking for technical analysis on Noranda Aluminum are encouraged to use the link below
http://www.stbulls.com/NorandaAluminumHoldingCorporation13112012.pdf
About Street Bulls
STREET BULLS is committed to provide the investor community with sharp and timely trading and investing advice. Our aim is to help our readers achieve above-average returns from the markets and create wealth for themselves. Our newsletters and trading advice will provide investors with the information they need for success in today's volatile markets.
To view our disclaimer, use this link
http://www.stbulls.com/disclaimer.html.
Contact Person:
Martin Peters
Marketing Consultant
info@stbulls.com
