HMMM.. I’m Ready for a Good Meal

March 28th, 2008 | Filed under: Financial Markets

Some nice setups to close the week? (I accidentally cut out the volumes in the charts)

Steel Dynamics (STLD)

A nice little pattern formed and the stock is currently sitting right on the support. With a bounce, I don’t see why we couldn’t see a 2-3 point raise.

STLD 032708

Nucor (NUE)

Well this stock definitely isn’t new to me, but with another nice bounce we could also see a 2-3 point bounce. During the past month, STLD and NUE have seemingly moved exactly the same as each other, so why not try and profit off both?

NUE 032708

I don’t want to make you guys too much money, so I will stop there. Maybe I am a little bullish going into tomorrow, but oh well. I am not going to really be chasing anything, but if something opens up I will slide in.