AA: Price re-discovery to the upside as a result of directional conviction and buyer control. Cases to the upside supported by: sector strength with metals/precious metals hitting record highs on LME, sustained volume, and a maintain of overweight with a new PT to $78 via Morgan Stanley. With RSI >70, we may see some healthy retracement to consolidation. Base formation of its new value shelf in progress as AA resumes its path to the upper limits of a channel from May 2021 with distinct higher highs and lower lows // Key Levels: 70.02, 73.28, 77.16, 78.40// ATR: 3.77, Beta: 2.39, PT: $78