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Is STLD likely to continue higher? Non-ADX 1,2,3,4 Bullish shows up after climbing 0.43%
On Monday, June 22nd, STLD moved up 0.43% while volume was to 1.1× the usual levels. consolidation patterns formed: NR7 and Narrow Range Bar and Calm After Storm, suggesting a potential continuation after price stabilization. Key support levels exist at 249.05, 247.11 & 244.89, with resistance at 253.21, 255.43 & 257.37. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of STLD: C
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