NUE moved sideways in a 32-51 range from late 2008 to end of 2013
price created ascending trendline and kept it from 9.2011
last year was consolidation at the top of the range with 49$ acting as support
now the stock at new 5 year high with upside to at least 63$
1st resistence at 58.5 take some prifit tere
support at 55 and 53.5
stop below 50
price created ascending trendline and kept it from 9.2011
last year was consolidation at the top of the range with 49$ acting as support
now the stock at new 5 year high with upside to at least 63$
1st resistence at 58.5 take some prifit tere
support at 55 and 53.5
stop below 50