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Is STLD likely to continue higher? Crossed Above 20 Day Moving Average shows up after gaining 0.16%
On Friday, July 17th, STLD moved up 0.16% while volume shrunk to 0.5× the usual levels. Crossed Above 20 DMA was spotted, which could indicate a shift in momentum. Key support levels exist at 231.21, 227.07 & 224.51, with resistance at 237.91, 240.47 & 244.61.
Current SwingTradeBot Technical Rating of STLD: B
There’s more where that came from. See all of today’s signals for STLD here.
Read full article here »