Long
AKS -- AK Steel Holding Corp. Earning Play (July 25)
Updated
My prediction is that AKS will have a strong earning and will resume its bullishness a week ago (July 19). Right now, we are in a pullback stage. RSI indicates that AKS is oversold.
This price at $6.19 is the price that I decide to go in.
The Risk/Reward Ratio of this trade is 2.93
This price at $6.19 is the price that I decide to go in.
The Risk/Reward Ratio of this trade is 2.93
Note
got stopped out on this trade but I did buy back in when it dropped to $6.05it was a very profitable trade!
Trade closed: stop reached
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