NUE - strong steel name (8/16/2021)Steel was very strong last week and this stock moved up about 20%. Volume shows that this stock is under accumulation by larger players. Volume for the week was the most in almost 10 years which indicates a change in character and the want for this name. Stock is extended from current KMA and need some time to digest these gains from the prior week. Will want this to consolidate for a optimal R/R scenario. KMA needs to catch up and would like to see a dry up in volume over the next week. Need to be patient on this name. Longby huntersanna330
NUEStrong looking chart for NUE. Daily RSI successfully bounced of support at 61.8. MACD is on the rise. As long as the shares stay above 61.8, there could be additional upside ahead as was the case in Feb and April of 2021.Longby Trade_with_confidence1
Nucor Steel - is it a buy ?I would say YES BUY ... here are the reasons 1) steel will benefit greatly in the housing boom 2) steel will benefit from Biden\s Infra spend in highways, railways, structures etc Nucor touched on the MA100 line and move swiftly up. Nice consistent volume on the rise. But how is it compared to MT ? Longby fredpui1
NUE Head and Shoulders back to 80s?head and shoulders looking better on hourly chart (not confirmed yet) if it drops any lower we going back to 80s. MacD going down already same with RSI i see it bearish short term long term should bounce again and head higher just slight correction :) keep heads up and watch if the head and shoulders will be confirmed. NYSE:NUEby swagmax333111
NUE - Head & ShouldersNUE looking bearish with a beautiful head & shoulders pattern (bearish pattern) BlueWave giving Bearish Divergence and a red dot sell signal Shortby MoonBets3
PUTS on NUELIke and Follow us for more idieas! NUE is at all-time highs. BlueWave gave a red dot signal RSI is overbought.Shortby MoonBets2
Great triangle⚖️Did you miss stocks, wolves?🔥 Crypto market is on a rest, that's why let's have some trade on stocks. There is Symmetrical Triangle on NUE stock. There was a strong and confident bullish sentiment before. So it could be a good signal for bulls to trade. However do not rush the trade and wait for clear signal. According to Elliott Wave theory all the waves are done and now the price is heading to the breakout. So follow the chart and look for the breakout carefully. _____________________________________________________ If you enjoy my FREE Analysis , support the idea with a big LIKE👍 and don't forget to SUBSCRIBE my channel, you won't miss anything! Feel free to leave comments✉️ And always remember: "we don't predict, we react".by Berzerk_invest665
NUE trends upwards; $83.12 sets start Ascending triangle makes new highs to resume upward momentum... Momentum continues upwards Longby carlos6466221
$2T Infrastructure and NUEWith a potential of $2T to be invested on infrastructure, NUE, a producer of steel and related products, could see significant growth. The current trajectory looks good: - RS Line at new high. - Price at new high. - Earnings and sales growth. - Volume is well above average.by JohnMuchow101026
Indicators in overbought zone. Possible short.Historically after indicators reaches highlighted zones correction begin, but in case of suez canal and global demand - continuation is also possible. On weekly chart RSI is also overbought. Keep watching.by higherhigh_Updated 3
(CORRECTION) but not wrong.81 is the all time high, but it has triggered a bull and NUE is now on its way up towards that previous high!by Tictac23631
(NUE) UP UP UP I’ve been following Nucor for a few weeks now and have noticed it’s strong uptrend. It just broke it’s all time high and on it’s way up to form a new high. If I were you I would consider adding this stock to your portfolio before it hits $100 by the end of the year, maybe even sooner!Longby Tictac23630
Slow and Steady Steel - NUE - another bounce off the 50maNUE is not a sexy, high short interest stock like X or CLF, but it is steady and actually financially stable. With Biden and the House and Senate all united there is a great chance finally getting some infrastructure improvements. Furthermore NUE actually pays a dividend. Technically: -clear channel -bounces off the 50ma Longby SR6180
NUCOR CORP is in BUY Situation Hey my friends, NUCOR CORP is in a fake bearish movement with a high volume of purchases made, we observe an attempt by sellers that failed. NUCOR CORP is heading towards the last precedent lower to turn around and break out of the consolidation zone. Great likelihood of going to the top of the area which corresponds to several higher up in the shadow. Please LIKE & FOLLOW, thank you!Shortby stephanelibatd0
18-month from now perspective; I'll buy at $25Hi guys, check this out Long-term prospects of EPS In 2008 the stock reached a P/E ratio low of 5; with EPS of $6.01 in FY 2008 the stock price reached a low of 5*$6.01=$30. Today we are expecting the similar outcome to due a negative economic outlook for the short-term. In FY 2019 the company reached EPS of $4.14. Comparing to 2008 we expect the stock to reach a P/E ratio of 5, indicating that the stock price could tumble to 5*$4,14 = $20.7 and stabilize at that level. As the economic prospects rise, the P/E ratio is likely to reach the company’s average level around 12. Under the assumption that EPS growth back to previous levels (>$4.0) the stock price should bounce back to 12*$4 = $48. Trading idea Entry price: $25 Take profit: $40 Max expected holding period: 18-month Profit: 60% I`ll buy the stock as soon as it hits $25. The financial outlook of NUE looks decent and should sustain the COVID-crisis. Longby PeterLang_7332
Long Idea - Metals25/Nov/2019 10:38 AM AUTHOR: Brandon Gum -- Whole sector looks like this rn. Giving a deep stop for the time being. RSI on all timeframes at inflection points ======================Longby gumbtg2