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Is STLD poised for gains? Crossed Above 20 Day Moving Average shows up after climbing 0.23%
On Friday, July 17th, STLD moved up 0.23% while volume shrunk to 0.6× the usual levels. Crossed Above 20 DMA — typically a warning sign for traders — developed during the session. Key support levels exist at 231.32, 227.12 & 224.62, with resistance at 238.02, 240.52 & 244.72.
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 »