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Slingshot Bullish appears for NUE after 1.0% move
NUE finished lower by 1.0% on Thursday, August 6th, trading 0.6 times its typical volume. Slingshot Bullish — typically a warning sign for traders — developed during the session. Key support levels exist at 269.6, 267.21 & 264.46, with resistance at 274.74, 277.49 & 279.88. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of NUE: A
Traders are watching NUE for a reason. See the full signal list.
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