Saadey

$12.50 needs to hold before it can move up to $16

Long
NYSE:RYI   Ryerson Holding Corporation
After the earnings miss on March 13th 2017, RYI has recovered nicely by finding support around $10. Right now the price has peaked above the past three month resistance and we want to see if it can base above that channel next week by holding $12 as a support. If the demand continues, next target of $14 and $16 is likely to be tested.

Read more at : blog.buysellsho...brs-04-01-2017/?src=tv-ryi...

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