Archives for the 'STLD' Category

STLD: Steel Dynamics Inc - Resistance

Super quick update on this one. I made a call on this guy back in April which I feel was not a *great* call. I was expecting the stock to move above $35.56 much sooner but regardless I was reviewing that post today, and when checking the charts again noticed that there appears [...]

14 June 2008 | STLD | No Comments

STLD: Steel Dynamics, INC

STLD is showing a beautiful upward trending price channel with pretty “predicable” tags on the 20 day moving average.
Today was a down day and it looks like it may be a buying opportunity as the price just hit the channel’s bottom support line.
Another positive is that  the dips in price have been led by fairly [...]

23 April 2008 | STLD | No Comments