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Is NUE coiling for a breakout? NR7 shows up after a relatively flat session
NUE finished higher by 0.1% on Friday, July 31st, trading 0.6 times its typical volume. consolidation patterns formed: NR7, suggesting a potential continuation after price stabilization. Key support levels exist at 255.13, 252.98 & 250.57, with resistance at 259.7, 262.11 & 264.26.
Current SwingTradeBot Technical Rating of NUE: A
Just a sneak peek — check SwingTradeBot.com for the full story on NUE.
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