Like it if makes sense...rest only time will tell..good luk!
All points are in the chart, share your love if you like it :)
Steel industry is doomed with low production, slow demand and almost no export. Construction have been halted everywhere. This will face headwinds like Oil industry soon.. Shrt tgt - 166.5 - 162 - 158 - 152 SL - 174.10
Chart looking great for another push higher but it would have ton of selling pressure then...keep your SL tight. Tgt 182 - 184 SL 172
Perfect pattern is emerging, bold prediction is for the stock to hit 61ish area before May end...
USD continue to get stronger against emerging market currencies, one can sell 76.5 PE for easy premium this week or buy 76.5 CE for month of May...
Even with high delivery rate, stock was not able to hold on to gains. With few bumps, we shall see 550 in near term..