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Steel Dynamics, Inc.
Long

STLD Long

43
STLD made a bullish candle last week. Earnings on 1/22. Materials and steels sectors have been in recession, a lot of them have underperformed. STLD relative strength and tested important supports marked in the chart. Break 132 will confirm bullish thesis. I would expect it to go to ATH in the long run.
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Chart PatternsTechnical IndicatorsTrend Analysis
KeyTrade
Also on:

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.