Aluminum may climb to its January high of $2,541 a metric ton -Barclay's

Aluminum may climb to its January high of $2,541 a metric ton as the daily momentum is “rolling higher,” according to technical analysis by Barclays Capital. “Daily momentum is rolling higher from bearish extremes” and support is building after prices rebounded from a low of $2,374 on Jan. 20, Barclays said in a report on Jan. 24. Daily momentum indicators include stochastic charts.