Steel Dynamics, Inc.
Long
Mis à jour

STLD Long Idea

175
STLD, appears to be breaking higher out of the bull flag. With the entire sector moving higher like X, AKS, AA, CENX, I think this is a low risk play here. Should be good as long as we stay above the 50SMA.
Note
STLD retesting th ebreakout, should move higher now. Set stops below the upper channel at
snapshot
Note
Retesting the breakout, stops right below the blue ma
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Note
Retest of the breakout complete and heading higher. Low risk entry here. Stop below the 50sma on the daily chart. Earnings are in already and were very good. Hourly chart very bullish price above the 9ema and 25sma
snapshot
Trade fermée: ordre d’arrêt atteint

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