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Steel Dynamics Inc. Message Board

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  • mossa_saggia mossa_saggia Apr 8, 2009 9:07 AM Flag

    Sell now-

    If we look only at charts, STLD fell and precisely stopped on the good mini trenline which can be seen from March 18 to today; the bottom of this line yesterday was placed in 9.10 area and so we bounced up to 9.20
    So if stld will lose this line, we will probably see 8.30 and then 7.8 (that is the final bottom over witch i can see nothing); but if stld will climb starting today, as i hope, then we can smile and perhaps see the stars in a few days

 
STLD
18.16-0.69(-3.66%)Feb 5 4:00 PMEST