Bought 15% STLD @ $37.85 Stop @ $35.45 Target @ $47.90 We remain bullish in just about all the commodities, steel included. This chart gave us a nice breakout at the $35.78 level, backtested that a couple weeks ago with a drop near the rising 50-DMA (a level it has tested on numerous pullbacks the past few months), and is bouncing into a buy signal today above the 20-DMA. Nice setup with a stop below … read more Trade Alert
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