Shares of Aluminum of China （NYSE:ACH） traded 0.8% higher Monday, closing at $24.79. The stock has been drifting higher over the past nine trading days and is currently trading in a technical uptrend.
The call volume yesterday was 7,146 contracts, which is 8x the average daily volume of 904. Usually high call volume is an indicator that many investors are looking for higher prices in the near future.
SmarTrend is bullish on shares of Aluminum of China and our subscribers were alerted to buy on September 27, 2010 at $22.77. The stock has risen 8.9% since the alert was issued.
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