STLD, set to run?

30 Mei 2017STLD looks to be forming a bull flag with upside potential to $50. Trump is bullish on Steel stocks. Could we get a break out soon? I think so.

2 Jun 2017

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Still watching STLD. Look for a tag of the lower trend line with reversal or a break above the upper trend line with stops just below. Its not ready to buy yet.

5 Jul 2017

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Looks to be breaking out higher from the bull flag. A good trade ahead I believe.

10 Jul 2017

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Breakout and back test or false breakout into major drop? Too hard to tell, not taking a trade yet.