Aluminum Stocks Look Ready to Go

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The industrial metals complex is ripping, and the rotation is coming through loud and clear.

Gold went first, silver followed quickly, and then palladium jumped in. 

Momentum has been broadening across the metals space.

Now copper and steel stocks are starting to catch up — showing that risk appetite is pushing further out the spectrum.

Next up? Aluminum.

Many of these names are coiling right at key breakout levels, and a move here could extend this powerful trend even further.

One by one, these metals are stepping up, confirming that investors are leaning into risk.

I think it’s time for aluminum to catch up in a big way.

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Merry Christmas to you all — I hope you have the very best this holiday season!

Alfonso De Pablos, CMT

Director of Research, All Star Charts