Is CMC overvalued at current levels? google awesome_stocks - they offer pretty good trade alerrts. you dont have to trade their tickers but it definetly helps you recognize possible patterns for stocks you're trading.
The last time CMC did something like this it blew up. if you guys have questions you should ask awesom*stocks. They often respond to my emails which is helpful.
If we are to go off the RSI then you could argue that a pull back next day or so could occur on CMC before rallying up. check out awe-SOME-stock-s, its a pretty reliable service. of course you have to do your own due diligence, but they generally point you in the right direction.
Who says CMC isn't poised for potentially massive upward movement? Im not sure about you guys but AWE-some.Stock.s has provided me with some pretty good trade ideas. I messed up executing some of them but thats on me.
Commercial Metals Company NYSE $CMC Correlation Histogram
X axis : Stocks Price Correlation Coefficient Y axis : Quantity of stocks May-2016 1,000 Day Parameter 4,338 NYSE Stocks Price Analysis This stock mode of correlation coefficient is 0.3 In other words, the correlation coefficient of the other stocks
MC Rising with good volume. Looks ready for a short term bounce. Six months target at stoxline : 24.86.
Commercial Metals (NYSE:CMC): Solid dividend payer with healthy balance sheet. Simply Wall St is a free app which gives investors access to institutional quality data and analysis presented in beautiful visual reports.
Hahaha this terrible board must be another symptom of SAP lol.