Log scale - useful tipchart on the left - log scale. You may clearly see why it is useful to check while analysing longer-term frames. Ideal trend line reaction. as opposed to usual chartby UnknownUnicorn3382580115
Head and shoulders bear flag Short $NueNucor was driving me nuts the last 3 months constantly setting all time highs (while the rest of the market bled out) when their last earnings had lowered guidance that would have crashed any other stock. Twice at new records I bought puts, but chickened out and sold early for losses when they kept rebounding back to new highs again. Anyways I saw the same options today worth a couple grand more than i sold for, and that’s with theta decay of short dated options. So I did some TA and belief the risk reward is still worth buying puts or shorting, especially if you catch it when it’s going up. So anyways, from a TA standpoint they are a little overextended and just finished an a 12345 motive wave and an ABC corrective wave pattern so the first couple leges could be choppy before the next drop, but it’s coming. The target of the bear flag was roughly the same as the head and shoulders: Analysts give it a fair price of $60, I have it crashing to $95 minimum(the measured target). Hopefully it goes further. Got myself some puts one more time, and as usual they are starting off up. I’m not going to paper hand this time. I believe in the TA. I respect the patterns. I trust the fundamentals will bring the price where it belongs. Shortby BrianVS221
It's a CLEAR BUY, Buyers Coming INThe price already touched the support of the UPTREND, and you should BUY IT NOW! You may earn more than 8% if you go LONG at around $160, and sell when NUE reaches the resistance of the UPTREND, which is about $185. RSI currently at 52. ACT NOW to grab your chance :) Good LuckLongby brunofermarco1
NUE Bull flag longTriggered long on the strong candle. Uptrend, flag and breakout. 1R Target.Longby persistent_edge222
Not particularly tight yet but...Could this be one of those MFs that take off the moment it touches the rising 10MA? We will see, ROGER. NYSE:NUEby lidwig222
Possible Bo looging good again. ON watch.. ... will need to break with some vol and of course market needs to Be there. Longby cdarbonne33441
Nucor is a BUYbig breakout of previous all time highs, paired with a retest.Longby UnknownUnicorn154759864
$NUE Interesting Spot HereI've added $NUE to my larger list over the weekend and now pulling it in to my secondary list. It had 6 weeks up in a row from the bottom breaking through a large double bottom base. It's now consolidating in a small ranged box right above that pattern. Interesting spot to watch.Longby TaPlot6
16/3/2022 NYSE NUEDesicion to Buy. Entry Price = $135.90. Target Price=$140.25. Stop Price=$131.55Longby Airecap_SuperUpdated 440
10/3/2022 NYSE NUEDesicion to Buy. Entry Price = $131.25. Target Price=$136.90. Stop Price=$125.60Longby Airecap_SuperUpdated 0
17/2/2022 NYSE NUEShort @$124.39 (or Previos High Break Low 15 mins). TP=$121.79, ST=$126.39Shortby Airecap_SuperUpdated 0
$NUEWhy am i interested? Change in color of bar to Blue. There was a sell before. False bar on top. CCI is green. Oscillator 5.35 is bullish. ATR is 5.7 Bar height is 5 so .75*ATR = 3.8 and 2*ATR = 10.1 Now Bar height is between 3.8 and 10.1. So a buy @122.10 (Previous box on left) for for 125 and 134. Only one problem. A "V" shape recovery.Longby RiderTrader0
NUE Nucor head and shoulder has brokenBearish sign for Nucor following yesterday's breaking of the head and shoulder necklineShortby JBlack990
NUE eyes on 106.54: key level for itself, materials in generalNucor just bounced into a major fib and key level. Even the fib-blind are now keenly aware of this line. This is a good sentiment read on the materials sector. Plotted here are TWO different fib series. 1) THICK lines are its GENESIS sequence: 2) DASHED lines are the COVID STIMULUS wave: Overlaying both fibs and highlighting the confluence zones gives us the live chart above. by EuroMotifUpdated 4
Nucor Corp $NUE, tight action might give buy signal soonThis Steel-Producer might be the percfect example of good technicals and good fundamentals. After a good bull run from March to August is been forming a base that has been tightening from left to right, with low volume on down days and high volume on up days. That is the kind of action I like to see before a buy signal. According to @TradeStation, for the nine months ended 02 October 2021, NucorCorporation revenues increased 76% to $26.12B. Its quarterly results reflect a good Code 33, that's three quarters of accelerating earnings, sales and margins. My firts buy would be just above $117.86 with 1/2 of my position sizing. If the price follows through the resistance lines I marked, I'll add up. Its IBD RS rating is 95 and has a #1 ranking in its industry.Longby dpuleo19Updated 113
$NUE - Bull Pennant Atop a Volume Shelf$NUE has a super awesome setup going into the new year. We've got a textbook bull pennant forming atop a volume shelf, meaning there likely isn't much downside left in this name. Even after the guidance cuts, $NUE is still set to report an amazing quarter, meaning we've got both strong fundamentals and technicals supporting this name. Long $NUE.Longby FluxTrades2
12/19/21 NUENucor Corporation ( NYSE:NUE ) Sector: Non-Energy Minerals (Steel) Market Capitalization: 33.724B Current Price: $118.00 Breakout price: $121.20 Buy Zone (Top/Bottom Range): $118.00-$111.50 Price Target: $128.20-$130.00 (1st), $150.80-$153.00 (2nd) Estimated Duration to Target: 47-53d (1st), 139-150d (2nd) Contract of Interest: $NUE 2/18/22 130c, $NUE 4/14/22 140c Trade price as of publish date: $4.10/contract, $4.80/contractLongby lord_catnip0
$NUE Clear Leader in the Steel Industry$NUE is a clear leader in the steel industry. Working on the right side of a nice 4 month base. Been watching this for a while. Looking for it to quiet down a bit here and tighten up below the $122 pivot (orange bars). if it does, this becomes big focus stock.Longby TaPlot443
Nucor Increases Its Regular Quarterly Cash Dividend by 23% and ANUE: Nucor Corporation 2021-12-02 18:00:00 Nucor Increases Its Regular Quarterly Cash Dividend by 23% and Announces New Share Repurchase ProgramLongby JetEquities0
NUE is up 54.15% from break out point NYSE:NUE Two things may happen for this coming weeks. 1. Possible drop down, if close and trade below the neck line and don't break R1 & R2. #Head and Shoulders 2. If break R1 & R2. Possible up to 80% Up from break out point. #Ascending Broadening Wedgeby Damako1
$NUE Building the right side of its Basehere is one of the steel stocks i'm watching. $NUE Would like it to tighten up here instead of just coming out today. 50 MA slopping down, so few sideway days will help it turn around.Longby TaPlot0
Double Top Pattern Se identifica el patrón doble tope de la siguiente forma: Inicio de la tendencia: 30/05/18 Primer punto de resistencia: 14/06/18 Inicio de la tendencia bajista y llega al punto de soporte: 28/06/18. Inicio de la tendencia alcista para llegar a la segunda resistencia: 24/07/18. Inicio de la tendencia bajista para iniciar tendencia lateralizada el 14/08/18. by ibrahimcaballero760