STLD cmp- 30 channel breakout. tgt - 32.4,35,7,38 ++ stoploss- 27.5 on closing basis
Starting to watch some material names as well as industrials. These are areas money may rotate to if tech continues to sell off. I like it above the box stops below.
I think it might set for 32 and up. What do you think?
Hey people, STEEL DYNAMICS is in a bearish configuration, a high volume traded at the end of the session bearish fake signal. She is looking for liquidity for an upcoming turnaround. We find at the top of a zone of balance that it will break from the top to go to the zone above. We are in a bullish gap, if the buyers respond now we can reach the low of the last...
19/Nov/2019 09:48 AM AUTHOR: Brandon Gum -- Peer group is all setting up the same way. Should one consider longing? ---> 1.) Look at ETF and peer group. Do they all suggest upside potential? 2.) Determine where you think it can go, both upside and downside. Is the RR there to? 3.) Is there fundamental support for these equities to do well right now? Or are...
Nice bullish divergence, followed by strong up move opens up for quick move to 32. From failed moves come quick moves.
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It looked like bigger correction this morning but has turned around soon. So that I assume a further decline today.
Symbol STLD setup flag Upcoming Earnings Jan 29, 2019 (EST) Apr 17, 2019 (EST) Horizontal S&R: yes Channel S&R: no >20 & 50MA S&R: yes >200MA: no Volume confirmation: no breakout vol. over 1. Candle Confirmation: yes Stoch Divergence: yes embedded Reg Trendline >85: no Short Float: 2% Entry 37.6 Stop 35.5 Price Target 41.8 Risk /...
Long for a bound from the 200 weekly SMA. SL and TP indicated on the chart. I'm in.
Entry - $40.56 at close Stop - $43.50 - Will adjust lower Target - $33.00
STLD: steel dynamics inc 2018-09-04 09:45:05 Detected possible stock repurchase