Watch for a breakout to the upside of the wedge, and wait for it to hit the first profit target. Take half off there, and wait for it to hit the second profit target. Price Target 3 is based on long term fundamentals
Very interesting trade from the resistance line is coming.. in case it opens down I will enter 56.11 (and lower), stop loss at 56.68, target 29.55
Schnitzer Steel. This is chart number 5 showing the basic metals components of-XME. The previous four charts were AKS-CLF-X-ATI. They were all weak. This chart is for-SCHN. Schnitzer Steel Industries is a recycler of ferrous and nonferrous scrap metal, used and salvaged vehicles and a manufacturer of finished steel products. Co. operates through three segments:...
Short target and buying opportunity in the $45-50 zone
This has had a steady pullback think a break of flag to upside coming and could make a nice little run
Look for a breakout volume has increased, I would expect a 25-30% run with a prob 8% stop or risk....this is a newer stock and can move fast if interest...
This stock is building a base watch for break above 50.09 then if volume supports move then look for long with potential 25-40% target use good stop and risk management