STLDRed to green after testing VWAP from ath today. Like the setup here. Still think this sees $100 before too long.
STLD trade ideas
$STLD Continue to build the right hand side of its baseNice shakeout so far on $STLD if we close strong like this. Few more days below that supply line could set this up into a nice year end rally back to previous highs (orange bars).
$STLD Building the Right Side of its Base$STLD is another steel stock that's working on its right side. Its not ready just yet but getting it on our radar along side $NUE that I posted about yesterday.
With tech stocks extended. Rotation might come back with money flowing into these.
STLDSuper solid action the past few days. Probably my favorite setup right now on all time frames. See you at $100+.
STLD - Will it break highest price?According to Traders-Paradise Algorithm, this has a high chance of going up as the TakeProfit & StopLoss strategy indicate.
For day traders - 11/8/21: High chance for going up today.
STLDBig move coming here imo. Above $65 I think it sees $100. Below the blue trend line I think a retest of $40 is in the cards.
$STLD Double Bottom SetupStrength in multiple steel stocks. My favorite of the bunch is $STLD reclaiming double bottom traditional pivot in today's session (blue line).
Steel Dynamics Announces Additional Share Repurchase AuthorizatiSTLD: Steel Dynamics, Inc.
2021-07-06 16:00:00
Steel Dynamics Announces Additional Share Repurchase Authorization
STLDSeems a lot of people are bullish steel names. I'm cautious here due to the RSI divergence at resistance.
Long | STLDNASDAQ:STLD
Possible Scenario: LONG
Evidence: Price Action
TP1~ 52$
TP2~ 54$
Call options, Strike 55, 08/20/2021
This is my idea and could be wrong 100%,
SolidMy opinion on this company is that it will keep growing to new ATH, they are undervalued and I trust the intrinsic value to maintain/gain moving forward long term. The type of thing I'd want a piece in for years, on the lookout for buy-in opportunities.
Ichimoku entry STLDMaking a pretty drastic change in the exit strategy; well, same strategy just tightening up the stdDev multipliers a LOT. new stop loss is going to be just 10% what it was, trailstop activation trigger is cut in half, and trail stop is going from 0.25 to 0.1. These are all configurable in the script.
been doing some backtesting and it seems like this tactic of getting out much faster in all cases will yield to bigger overall gains even though i'll probably miss even more big runners.
STLD on watchStarting to watch some material names as well as industrials. These are areas money may rotate to if tech continues to sell off. I like it above the box stops below.
Going long on STLD again after a short pullbackI think it might set for 32 and up. What do you think?
STEEL DYNAMICS is to BUYHey people, STEEL DYNAMICS is in a bearish configuration, a high volume traded at the end of the session bearish fake signal. She is looking for liquidity for an upcoming turnaround. We find at the top of a zone of balance that it will break from the top to go to the zone above. We are in a bullish gap, if the buyers respond now we can reach the low of the last previous high.
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