Get started
bhowe

STLD, set to run?

Long
Steel Dynamics, Inc. (NASDAQ:STLD)  
bhowe Updated   
NASDAQ:STLD   Steel Dynamics, Inc.
AKS ussteel STLD AA CENX
4
0
aks ussteel stld aa cenx
STLD looks to be forming a bull flag with upside potential to $50. Trump is bullish on Steel stocks. Could we get a break out soon? I think so.
Comment:
Still watching STLD. Look for a tag of the lower trend line with reversal or a break above the upper trend line with stops just below. Its not ready to buy yet.

snapshot
Comment:
Looks to be breaking out higher from the bull flag. A good trade ahead I believe.
snapshot
Comment:
Breakout and back test or false breakout into major drop? Too hard to tell, not taking a trade yet.
snapshot

Related Ideas

bhowe
STLD Long Idea
bhowe about STLD 1
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.