Is there a bottom in Steel and Copper stocks
Yesterday we saw a nice reversal in steel stocks. I am looking at this US steel chart the price dropped almost 50% in the past months. Last year we where trading at $42.00 and now we are hovering around the $22.40 level, however the daily chart made a bottoming tail yesterday. This give me the signal we can see some upside in the stock.
If you want to take a closer look at my exit strategy : youtu.be/kUdzDn2MFs8
If you want to take a closer look at my exit strategy : youtu.be/kUdzDn2MFs8
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.