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Steel Dynamics Is Poised to Uncoil

·1 min read
Steel Dynamics Is Poised to Uncoil
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  • STLD

I was looking at some steel names this afternoon. We have covered names like Nucor and some others. I typed in the symbol STLD for Steel Dynamics Inc. and I liked the setup. Let's check. In this daily bar chart of STLD, below, we can see that prices have been trading sideways since May.